Phynet Dermatology

Phynet Dermatology

Provides practice management and compliance services

Overview

PhyNet Dermatology provides management services to dermatology practices across the United States. It handles administrative tasks, compliance with state and federal rules, monitoring regulatory changes, and offering business support to boost productivity and efficiency. By partnering with dermatology practices for a service fee, it frees clinicians to focus on patient care while ensuring ongoing regulatory oversight and operational improvements. The company differentiates itself by specializing in dermatology, offering end-to-end practice management and compliance monitoring rather than generic consulting. Its goal is to help affiliated practices run smoothly, stay compliant, and deliver high-quality patient care.

About Phynet Dermatology

Simplify's Rating
Why Phynet Dermatology is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Consulting

Healthcare

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Franklin, Tennessee

Founded

2017

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Simplify's Take

What believers are saying

  • 2024-2025 affiliations in California, Nevada, and Louisiana show continued acquisition momentum.
  • The May 2025 Yuba City addition widened PhyNet’s Northern California footprint.
  • Adieu Laser & Aesthetics opened in Atlanta in January 2024, proving adjacent aesthetic expansion.

What critics are saying

  • July 2025 breach exposed patient SSNs, diagnoses, and insurance data through Premier Dermatology Partners.
  • Cunningham v. PhyNet Dermatology LLC filed August 14, 2025 intensifies legal and distraction risk.
  • Optima Dermatology’s trade-secret fight and the breach threaten trust, doctor recruitment, and deal flow.

What makes Phynet Dermatology unique

  • 120+ affiliations and 280+ providers across 18 states in 2026 create dense referral reach.
  • PhyNet wraps admin, compliance, and business support around independent dermatology practices.
  • Private-equity backing from Ontario Teachers’ Pension Plan and Century Equity Partners funds roll-up expansion.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

2%
PR Newswire
Oct 29th, 2024
Exceptional Dermatology Care in Fullerton, CA Joins PhyNet Dermatology LLC, Expanding Access to Care in Southern California

FULLERTON, Calif., Oct. 29, 2024 /PRNewswire-PRWeb/ - PhyNet Dermatology LLC is proud to announce its newest affiliation with Exceptional Dermatology Care in Fullerton, California.

Century Equity Partners
Feb 12th, 2024
Rimkus

Location: Houston, TX Investment Year: 2018 Website: rimkus.com Business Description Rimkus is a forensic engineering firm providing engineering consulting services to insurance carriers, law firms and self-insured corporations. […]

PhyNet Dermatology LLC
Nov 22nd, 2023
PhyNet Dermatology LLC Announces its Newest Affiliation, Center for Dermatology Cosmetic and Laser Surgery in Northern California

PhyNet Dermatology LLC Announces its Newest Affiliation, Center for Dermatology Cosmetic and Laser Surgery in Northern California

PhyNet Dermatology LLC
Sep 25th, 2023
PhyNet Dermatology LLC Expands to Nevada with its Newest Affiliation, Academic Dermatology of Nevada

FRANKLIN, Tenn. (Sept. 25, 2023) - PhyNet Dermatology LLC is pleased to announce its recent affiliation with Academic Dermatology of Nevada in Henderson, NV.

Healthcare Industry Today
Aug 1st, 2023
PhyNet Dermatology LLC announces Affiliation with Nunnally Dermatology in Baton rouge, Louisiana

com/ -- PhyNet Dermatology LLC is pleased to announce its recent affiliation with Nunnally Dermatology in Baton Rouge, Louisiana.

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