APDerm Management

APDerm Management

Medical, surgical, and cosmetic dermatology network

Overview

APDerm Management operates a physician-led dermatology group with a network of clinics across Massachusetts, New Hampshire, and Rhode Island. It provides integrated medical, surgical, and cosmetic dermatology, including medical dermatology, pediatric dermatology, Mohs surgery, and cosmetic treatments like laser therapy and injectables, supported by an in-house dermatopathology lab. Revenue comes from insured medical visits and cash-based cosmetic services, with centralized management to support affiliated practices. Its goal is to deliver accessible, high-quality dermatology care for patients of all ages while expanding its footprint through physician-led growth.

About APDerm Management

Simplify's Rating
Why APDerm Management is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Concord, New Hampshire

Founded

1992

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Simplify's Take

What believers are saying

  • Waud Capital partnership (2017) accelerates M&A strategy; acquired Dermatology Professionals Inc. (2019) adding Rhode Island footprint.[2][3]
  • Teledermatology (2021) and digital front door (2020) expand patient access and reduce no-show rates.[1]
  • Cosmetic services ($150 flat-rate consultations) drive high-margin revenue offsetting lower-margin medical dermatology.

What critics are saying

  • CVS/Aetna and health system consolidation create integrated competitors undercutting insurance-dependent revenue model.[1]
  • Telehealth disruptors (Ro, Keeps, Amazon) capture acne and refill patients at 40-60% lower cost.[1]
  • Waud's typical 5-7 year hold (2017 investment) expires 2022-2024; exit pressure forces unfavorable secondary sale or merger.[1]

What makes APDerm Management unique

  • Physician-led network model across three New England states with 24+ locations and 70+ providers.[1][2]
  • Integrated medical, surgical, cosmetic services plus in-house dermatopathology lab under one platform.[1][4]
  • Founded 1992 by Dr. Samuel Goos; established brand with deep regional market presence and patient loyalty.[1][5]

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Paid Holidays

Tuition Reimbursement

Company News

Medgadget
Nov 15th, 2021
Adult & Pediatric Dermatology, PC launched digital front door on Aug 1st 20'.

Radix Health and APDerm, a group of patient-centered dermatological specialists, announced a partnership in August 2020 to launch a digital front door that includes most aspects of the patient experience, including provider discovery, appointment, interactions, and digital access.

Yahoo Finance
Aug 27th, 2021
Adult & Pediatric Dermatology, PC launched teledermatology services for virtual personalized treatment on Apr 1st 21'.

For instance, in April 2021, APDerm, a U.S. based dermatology solutions provider announced launch of teledermatology services for virtual personalized treatment at the comfort of one’s home.

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