PhyNet Dermatology LLC

What PhyNet Dermatology LLC does

PhyNet Dermatology LLC is a national dermatology practice management company headquartered in Franklin, Tennessee. Founded in 2017, the company partners with independent dermatology practices through management service agreements, providing administrative, operational, payer-contracting, vendor-contracting, technology-deployment, and staffing support so that affiliated physicians can focus on clinical care. As of late 2024, PhyNet's network included roughly 280+ affiliated physicians and advanced practice providers operating across 120+ practice locations in 18-19 U.S. states, serving more than 3 million patients. The company serves three intertwined customer segments: independent dermatology practice owners seeking to monetize and offload administrative burden, physicians and advanced practice providers seeking employment or de novo equity opportunities, and patients seeking medical, cosmetic, and Mohs surgery dermatology care.

The core offering is a practice management platform rather than a standalone software product. Under the hood, PhyNet equips affiliated practices with a streamlined administrative platform, industry-leading payer and vendor contracting, business support tools, and the latest proven clinical technology. The company earns revenue through managed-services agreements with its affiliated practices — fees are negotiated bilaterally with each practice and are not publicly disclosed. Distribution is exclusively indirect through the affiliated-practice channel: PhyNet does not sell directly to patients but supports practices that deliver care locally. New growth comes from two engines: (1) affiliation transactions in which independent practices join the network, typically with transaction advisors such as Physician Growth Partners, and (2) de novo facility openings in which affiliated physicians take equity from day one. Sub-brand Adieu Laser & Aesthetics, launched in January 2024 in Atlanta, represents the company's first owned retail brand extension into laser hair removal aesthetics.

PhyNet is led by CEO Greg James with a team including CFO Laura Slaughter, Chief Growth & Transformation Officer Rich Weissmark, and Chief Development Officer John A. Dickenson, supported by regional SVPs for the Southeast, Northeast, and West Coast, and a Board of Directors that includes Joshua Berlin, MD. The company is privately held, with no disclosed parent company, private equity sponsor, or material venture funding beyond a 2017 investment by Century Equity Partners. Expansion has been programmatic and geographic — entering Texas in late 2022, Nevada in late 2023, and steadily densifying California and the Southeast — alongside product-line extension via Adieu.

Name

PhyNet Dermatology LLC

Legal name

PhyNet Dermatology LLC

Website

https://phynet.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

PhyNet Dermatology LLC is a national dermatology practice management company that partners with independent dermatology practices via management service agreements, providing administrative, payer-contracting, and operational support to a network of 280+ affiliated providers across 120+ locations in 18-19 U.S. states.

Ownership category

akta.pro rank

Product category

Dermatology Practice Management

NAICS

Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

General & Medical Dermatology (HLAKACAA)

akta.pro secondary industries

Procedural Dermatology (Office-Based Surgery) (HLAKACAG), Dermocosmetics & Medical-Grade Skincare (CRABAAAF)

Keywords

• Dermatology practice management
• Physician practice affiliation
• Medical dermatology services
• Cosmetic dermatology services
• Mohs micrographic surgery

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Practice Management Services: PhyNet Dermatology generates revenue by providing administrative management and business support services to affiliated dermatology practices. The company invests in practice success through strategic plans that optimize every aspect of the practice. Revenue is derived from management service agreements with affiliated physician practices.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

PhyNet Dermatology provides comprehensive administrative management and business support services to independent dermatology practices through affiliation and management service agreements. Its core offering covers payer and vendor contracting, staffing, technology deployment, and day-to-day operations, enabling affiliated dermatologists to focus on patient care while maintaining clinical autonomy. The company also directly delivers medical, cosmetic, and Mohs micrographic dermatology services through its 120+ affiliated and de novo practice locations across the United States.

Product overview

PhyNet Dermatology LLC is a national dermatology practice management company operating as a unified platform offering administrative management and affiliated practice network services. The core offering includes practice management services supporting over 120 locations in 18 states, with affiliated practices providing medical dermatology, cosmetic dermatology, and Mohs micrographic surgery. The portfolio includes sub-brand Adieu Laser & Aesthetics (laser hair removal), physician/provider recruitment and affiliation programs, and comprehensive business support tools enabling practices to focus on patient care.

Differentiator

Problem solved

Functional benefit

Brands

• Adieu Laser & Aesthetics: A pioneering laser hair removal concept backed by PhyNet Dermatology, launched in Atlanta in January 2024. Uses Cynosure Elite iQ technology for laser hair removal services.

Products and services

• Practice Management Services Comprehensive administrative management and business support services for independent dermatology practices, covering payer and vendor contracting, operations, staffing, technology deployment, and day-to-day management so that physicians can focus on patient care.
• Physician & Provider Affiliation Network Affiliation program offering dermatologists and advanced practice providers access to a network of 280+ colleagues, business support tools, multi-specialty clinical environment, competitive income, balanced lifestyle, and equity opportunities through de novo facilities.
• Medical Dermatology Services Diagnosis and treatment of medical conditions affecting skin health, including acne, eczema, psoriasis, and skin cancer screenings, delivered through affiliated practice locations across 18-19 U.S. states.
• Cosmetic Dermatology Services Aesthetic dermatology treatments including Botox, fillers, laser treatments, and personalized skincare solutions delivered by affiliated practices across the national network.
• Mohs Micrographic Surgery Specialized surgical technique for skin cancer treatment that offers high cure rates while minimizing healthy tissue removal, performed at affiliated PhyNet dermatology practices.
• Adieu Laser & Aesthetics Dermatology-backed laser hair removal concept using Cynosure Elite iQ laser technology with Skintel Melanin Reader to provide personalized treatments safe for all skin tones, with plans for expansion to Cincinnati and additional Georgia locations.

Quantifiable outcome

• 3M+ patients served across the network
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

16 partnerships are on record, tiered core, growth and minor.

• Hodari MD and RejuvenécoreStrategic or Co-development Partner · 19 May 2025Hodari MD and Rejuvené, founded by Dr. Kafele T. Hodari, announced that Dr. Jenine Tanabe and Samantha Geweke, PA-C joined the practice, expanding access to dermatologic care in the Yuba City, CA community. The practice has locations in Yuba City, Oroville, and Chico, CA.
• Pacific Dermatology SpecialistscoreStrategic or Co-development Partner · 17 April 2025Pacific Dermatology Specialists opened a new location in Seal Beach, CA, bringing together Patient Preferred Dermatology (Dr. Mark Maida) and Pacific Dermatology Specialists (Dr. Lance Chapman) under one roof. The new location offers comprehensive skin exams, cancer screenings, advanced treatments, Mohs surgery, cosmetic dermatology, and pediatric dermatology.
• Exceptional Dermatology CarecoreStrategic or Co-development Partner · 30 October 2024Exceptional Dermatology Care in Fullerton, CA, led by a team of five providers including three board-certified dermatologists and two advanced practice providers, joined PhyNet. The practice offers medical, cosmetic, and surgical dermatology including Mohs micrographic surgery. This affiliation strengthened PhyNet's Southern California presence.
• Green DermatologycoreStrategic or Co-development Partner · 23 May 2024Green Dermatology, founded by Dr. Rollin M. Green (serving patients in Laguna Hills for 35+ years), joined PhyNet's affiliated network partnering locally with Island Dermatology. The partnership expanded the care team providing medical, cosmetic, and surgical dermatology services in Southern California.
• Premier Dermatology PartnerscoreStrategic or Co-development Partner · 10 April 2024Premier Dermatology Partners opened a new location at 5353 N Federal Highway, Suite 303 in Fort Lauderdale, FL. The clinic is led by board-certified dermatologist Dr. Denise Guevara. The practice offers cosmetic, medical, and surgical dermatology services.
• Adieu Laser & AestheticsgrowthStrategic or Co-development Partner · 29 January 2024Adieu Laser & Aesthetics, a pioneering laser hair removal concept backed by PhyNet, opened its flagship location along the Atlanta BeltLine in the Krog Street District. Adieu uses Cynosure Elite iQ laser technology with Skintel Melanin Reader for safe treatment of all skin tones. Plans include expansion to Cincinnati and additional Georgia locations.
• Center for Dermatology Cosmetic and Laser SurgerycoreStrategic or Co-development Partner · 21 November 2023Center for Dermatology Cosmetic and Laser Surgery, with two Bay Area locations (Fremont and Milpitas), joined PhyNet. Founded in 1965 by Dr. Robert J. Roth, the practice has been one of the leading dermatology facilities in Northern California for nearly 60 years. This affiliation brought PhyNet to 21 locations in California.
• Academic Dermatology of NevadacoreStrategic or Co-development Partner · 25 September 2023Academic Dermatology of Nevada, founded by Dr. Curt Samlaska and serving the Henderson and Las Vegas communities for over 25 years, became PhyNet's first affiliation in Nevada. Dr. Samlaska has been voted 'Best of Las Vegas' multiple years. This expanded PhyNet's reach to 18 states.
• Nunnally DermatologycoreStrategic or Co-development Partner · 1 August 2023Nunnally Dermatology, founded by Dr. Donna Nunnally and serving the Baton Rouge community for over 20 years, joined PhyNet. The practice focuses on combining medical skin care with cosmetic rejuvenation. The affiliation expanded PhyNet to seven locations in Louisiana.
• Facile, Dermatology BoutiquecoreStrategic or Co-development Partner · 29 June 2023Facile, a Los Angeles-based dermatology and skincare boutique co-founded by Danielle Nadick Levy and Dr. Nancy Samolitis, joined PhyNet. The flagship location on Melrose Place in West Hollywood provides high-end personalized cosmetic services. PhyNet and Facile plan to expand the brand throughout Southern CA and additional markets.
• Peachtree Dermatology AssociatescoreStrategic or Co-development Partner · 9 May 2023Peachtree Dermatology Associates (PDA), a six-provider full-service dermatology practice in Atlanta, GA, joined PhyNet. PDA offers advanced skin care services for medical and cosmetic patients including a state-of-the-art aesthetic center. This expanded PhyNet to nine locations in Georgia.
• Georgia Dermatology PartnerscoreStrategic or Co-development Partner · 8 February 2023Georgia Dermatology Partners (GDP), formerly Gwinnett Dermatology, a four-location, 23-provider dermatology practice in Metro Atlanta founded in 1978, joined PhyNet. GDP offers medical, cosmetic, surgical, Mohs, clinical trials, and pathology services. This affiliation expanded PhyNet to nine locations in Georgia.
• Physician Growth Partners (PGP)minorImplementation/ SI/ Consulting Partner · 8 February 2023PGP served as transaction advisor to Georgia Dermatology Partners throughout the affiliation process with PhyNet. PGP's CEO Michael Kroin noted PhyNet Dermatology's vision resonated with the client.
• Island Dermatology, Inc.coreStrategic or Co-development Partner · 28 November 2022Island Dermatology, a five-location, 26-provider dermatology practice founded by husband-and-wife team Dr. Leila Ettefagh and Dr. Navid Nami, joined the PhyNet network. The practice serves patients in Southern California (Newport Beach, Victorville, Glendora, Downey, Santa Ana). PhyNet provides operational expertise enabling more direct patient interaction for the practice founders.
• Dermatology Center of DallascoreStrategic or Co-development Partner · 17 November 2022The Dermatology Center of Dallas, owned by Dr. Peter D. Hino (award-winning physician with 33+ years of experience), joined the PhyNet network as the company's first affiliation in Texas. The practice includes two board-certified dermatologists and a licensed aesthetician. PhyNet provides administrative support enabling Dr. Hino's team to focus on patient care.
• Parker Skin & Aesthetic CliniccoreStrategic or Co-development Partner · 2 February 2022Parker Skin & Aesthetic Clinic, led by Dr. Lydia Parker with three clinic locations in Beachwood, Willoughby, and Westlake, Ohio (operating since 1992), joined PhyNet. All three partnership clinics operate as part of the PhyNet Dermatology family, with Dr. Parker overseeing clinical operations alongside 11 associate providers.

Scale indicators8 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• QualDerm Partners: PE-backed dermatology practice management platform acquiring and operating affiliated dermatology practices across multiple states. Most direct competitor given shared affiliation model, payor contracting focus, and physician autonomy preservation.
• U.S. Dermatology Partners: Large-scale PE-backed dermatology practice management company operating 100+ locations across multiple states. Directly comparable affiliation-driven model serving independent dermatology practices with administrative support.
• Forefront Dermatology: PE-backed national dermatology practice management company with affiliated practices across the Midwest and beyond. Closely comparable operating model, geographic footprint, and physician affiliation structure.
• Pinnacle Dermatology: Dermatology-focused practice management and clinical research organization with multi-state footprint. Comparable affiliated practice model serving independent dermatologists with administrative services.
• Schweiger Dermatology Group: PE-backed dermatology practice management company operating a large network of dermatology practices in the Northeast and Mid-Atlantic. Similar MSA structure, growth trajectory, and physician retention strategy.
• Anne Arundel Dermatology: PE-backed dermatology practice management platform operating across multiple Mid-Atlantic and Southeastern states. Direct comparable in scale, affiliation model, and geographic mix.
• Advanced Dermatology and Cosmetic Surgery: One of the largest dermatology practice management companies in the US, operating a national network of affiliated and owned dermatology practices. Closely comparable in services breadth including medical, cosmetic, and Mohs.
• West Dermatology: Dermatology practice management group with multi-location operations across the Western US. Comparable affiliation structure and service offering in medical and cosmetic dermatology.

Others

• Physician Growth Partners: Healthcare M&A advisory firm specializing in dermatology and other specialty practice transactions. Functions as a transaction advisor to dermatology practices considering affiliation with platforms like PhyNet.
• Century Equity Partners: Private equity firm that provided the disclosed funding round to PhyNet Dermatology. Acts as financial sponsor and capital partner enabling the platform's M&A-driven growth strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PhyNet Dermatology LLC