Anne Arundel Dermatology

What Anne Arundel Dermatology does

Anne Arundel Dermatology is a private, physician-owned dermatology practice network that operates 60+ physical clinic locations across seven US states (Florida, Georgia, Maryland, North Carolina, Pennsylvania, Tennessee, and Virginia), supported by 270 providers including 155+ board-certified clinicians. Founded over 40 years ago by Dr. Robert Handwerger in Annapolis, Maryland, the company has scaled into one of the largest dedicated dermatology networks in the Mid-Atlantic and Southeastern United States. Its customer base consists of individual patients seeking care and independent dermatology practice owners who affiliate with the network.

The company delivers four integrated service lines: medical dermatology (diagnosis and treatment of skin conditions including acne, rosacea, eczema, psoriasis), surgical dermatology (including Mohs micrographic surgery), cosmetic services (with the 2026 launch of the Aerolase 650-microsecond laser for skin rejuvenation), and dermatopathology via a dedicated in-house laboratory serving the network. Operational technology consists of a dermatologist-built cloud EMR, integrated patient scheduling through Radix Health, and the modmed EMA patient portal for online scheduling and bill pay. The company retains acquired practice brands (e.g., Atlantic Dermatology, Knoxville Dermatology Group, Montgomery Dermatology Associates) as subsidiary brands within a wholly-owned corporate structure.

The business model combines direct-to-consumer patient care revenue with a structured practice acquisition and affiliation program. Independent dermatologists sell their practices to Anne Arundel Dermatology in exchange for financial liquidity and rollover equity, retaining clinical autonomy while gaining access to centralized services (HR, billing, compliance, procurement, payer contracting) and the dermatology-specific technology stack. The company is PE-backed (NMS Capital, 2015) and has executed 10+ documented practice acquisitions between 2016 and 2022 as the primary driver of geographic and provider growth. Mid-Atlantic and Southeastern regional coverage, multi-state scale, and ownership of diagnostic infrastructure form the core of its operating model.

Name

Anne Arundel Dermatology

Legal name

Anne Arundel Dermatology

Website

https://aadermatology.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Anne Arundel Dermatology is a private, physician-owned dermatology practice network operating 60+ clinic locations across seven Mid-Atlantic and Southeastern states. It provides medical, surgical, cosmetic, and dermatopathology services through 270 providers, using a dermatologist-built cloud EMR and in-house pathology lab.

Ownership category

akta.pro rank

Product category

Dermatology Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), Medical and Diagnostic Laboratories (62151)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Medical Laboratories (8071), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

General & Medical Dermatology (HLAKACAA)

akta.pro secondary industries

Dermatopathology (HLAKACAC), Procedural Dermatology (Office-Based Surgery) (HLAKACAG), Plastics / Cosmetic & Dermatologic Surgery Centers (HLAFAIAK)

Keywords

• Dermatology services
• Medical dermatology
• Surgical dermatology
• Cosmetic dermatology
• Dermatopathology laboratory

Headquarters

HQ city

Linthicum Heights

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Services: Healthcare services revenue from patient consultations, medical dermatology procedures, surgical dermatology including Mohs surgery, cosmetic services, and dermatopathology laboratory services across 60+ clinic locations.
2. Practice Affiliation Program: Revenue from affiliated physician practices that sell their practices to join the Anne Arundel network, providing practice owners financial liquidity and the opportunity to invest in the company.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Anne Arundel Dermatology is a multi-location dermatology practice network providing medical, surgical, and cosmetic dermatology services, supported by an in-house dermatopathology laboratory. It serves individual patients through 60+ clinic locations across the Mid-Atlantic and Southeastern US and recruits independent dermatology practices into its affiliation network while preserving clinical autonomy.

Product overview

Anne Arundel Dermatology operates as a multi-location dermatology practice network offering a unified platform of dermatologic care services. The core portfolio comprises four integrated service lines: Medical Dermatology (general skin conditions), Surgical Dermatology (including Mohs surgery), Cosmetic Services (including the Aerolase® laser treatment module), and Dermatopathology (in-house laboratory). With 60+ locations, 155+ clinicians, and 112 total practice sites across Florida, Georgia, Maryland, North Carolina, Pennsylvania, Tennessee, and Virginia, the practice provides comprehensive dermatologic care throughout the Mid-Atlantic and Southeastern regions. The network was founded over 40 years ago by Dr. Robert Handwerger and has grown to include in-house Mohs surgery and pathology laboratory services.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Dermatology Services

Quantifiable outcome

• Access to care across 60+ locations with 155+ clinicians
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Affiliated Dermatology PracticescoreChannel Partner/ Reseller/ DistributorAnne Arundel Dermatology's core business model involves partnering with independent dermatologists who sell their practices to join the network. These physicians maintain autonomy in clinical decision-making while receiving support services including HR, compliance, billing, centralized scheduling, and access to enhanced payer contracts. The network offers financial liquidity and investment opportunities to practice owners.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Riverchase Dermatology: Florida-focused dermatology network with medical, surgical, and cosmetic services. Directly overlaps with AAD's Florida footprint and competes for both patients and practices in the Southeast.

Direct peers

• Advanced Dermatology and Cosmetic Surgery: Multi-state dermatology practice network offering medical, surgical, and cosmetic services under a consolidated brand. Directly comparable service mix and Southeast/Mid-Atlantic geographic overlap with AAD.
• Forefront Dermatology: Large multi-state dermatology group with integrated medical, surgical, and aesthetic services. Competes with AAD for both patient visits and physician affiliation in the Midwest and Eastern US.
• US Dermatology Partners: Largest US dermatology platform with hundreds of locations across multiple states. Operates the same physician-affiliation and acquisition model with medical, surgical, cosmetic, and pathology service lines, competing head-to-head for practices in overlapping Sun Belt markets.
• Pinnacle Dermatology: Dermatology-focused practice network with a similar roll-up strategy and broad service line spanning medical, surgical, and cosmetic dermatology. Comparable in scale and acquisition-led growth model.
• Schweiger Dermatology Group: Northeast-based dermatology group with strong medical and cosmetic service mix. Competitor for talent, patients, and acquisition targets in the Mid-Atlantic region.
• Dermatology Associates (regional): Multi-location dermatology group practice model. Shares AAD's mid-size, multi-site, full-service dermatology positioning and competes in similar suburban markets.
• The Dermatology Group: Multi-location dermatology practice offering medical, surgical, and aesthetic care. Comparable physician group structure and patient service offering.

Others

• Aerolase: Manufacturer of the 650-microsecond laser technology AAD has recently launched commercially. Supplier/vendor relationship rather than a competitor, but relevant for understanding AAD's cosmetic service line economics.
• ModMed (Modernizing Medicine): EMA dermatology EMR/practice management vendor that powers AAD's patient portal and PM workflows. Key technology infrastructure supplier rather than competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@annearundeldermatology
• Facebookfacebook.com/AnneArundelDermatology
• LinkedInlinkedin.com/company/anne-arundel-dermatology
• Instagraminstagram.com/annearundelderm
• Xx.com/aadermatology

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A10 records

Investments

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

Frequently asked questions about Anne Arundel Dermatology