Maitland, Florida (PRWEB) May 03, 2016
ADCS Clinics (“ADCS”) announced it has completed the acquisition of Skin Pathology Associates, Inc., in Birmingham, Alabama. Managed Money, Inc. of Plano, Texas was the advisor to Skin Pathology Associates, LLC for this transaction.
Skin Pathology Associates, Inc. (“SPA”) is a leading dermatopathology laboratory providing diagnostic services to referring dermatologists, plastic surgeons, primary care physicians, ophthalmologists and pediatricians across the United States. Founded in 1995 by James Elder M.D., SPA was one of the first regional laboratories to specialize in the field of dermatopathology. Dermatologists and other referring practitioners have relied on SPA for the accurate and timely detection of skin cancer and other skin diseases for more than 20 years. Led by Dr. Elder, a pathologist and nationally recognized expert in the field of dermatopathology, and his colleague since 2002, Dr. Anne Hearn Bussian, SPA is widely respected within the industry for its level of quality, commitment to customer service and advancement of the dermatopathologic field through various clinical-based teaching programs offered to dermatology residents at major universities. The company’s primary focus for growth is based on quality of service and education, and each premise is integrated into every aspect of its operations. As one of the largest independent dermatopathology laboratories in the southeast, SPA currently supports over 300 physicians across 11 states and maintains a prominent market share within the southern region. SPA has evolved internally from a regional laboratory supporting local dermatology practices in Alabama to a laboratory of national scale through the benefit of dedicated marketing/customer service representatives and reliance on physician-to-physician referrals from its education programs to generate new business, and an emphasis on communication and relationships to maintain that business. The Company has 80 full time employees, including a team of six (6) board-certified dermatopathologists. SPA’s primary laboratory facility and corporate headquarters are located in Birmingham, Alabama.
SPA operates under the guiding principle that speed and diagnostic accuracy are of the essence in evaluation and treatment. Their technology and systems are built for rapid pickup, evaluation and reporting for specimens. The pathologists provide invaluable assistance by making the most accurate possible diagnosis, in order to yield the best outlook for recovery.
Rapid Turnaround Time, Electronic Requisitions, Web-based Reporting, EMR Interface, Instant Notification on Malignant Melanomas and other serious conditions, Daily Pickup of Specimens, Patient Information Brochures, Extensive Managed Care List, Courteous In-house Billing Staff, Board Review Classes, Physician Consultation and Account Services Representatives.
Dr. Matt Leavitt, Founder and CEO of ADCS, said, “This is an exciting opportunity for us to add the talents of Dr. Elder and his team to our group. They are well respected and nationally recognized in the dermatology community, and will play an integral role as we continue to grow and provide the best dermatology services in the country.”
“This lab acquisition is a first for us. It's a strategic move to support our clinical footprint as we provide additional access to patients nationally,” said Dave Morell, President & COO of ADCS.
ADCS, founded in 1989 by Dr. Matt Leavitt, is a dermatology-focused practice with over 144 clinics in Arizona, Colorado, Florida, Georgia, Maryland, Michigan, Nevada, Ohio, Pennsylvania, South Carolina, Virginia and Wyoming providing clinical, cosmetic, surgical and pathology services. ADCS also provides billing and coding management services for almost 90 third-party dermatology practices across the nation under the Ameriderm™ trade name.
For more information, contact: Dave Morell, President of ADCS, 407.875.2080 ext. 1244