Growth and Development in Dermatology: PGP's Role in DSO's Partnership with Forefront

Physician Growth Partners Facilitates Strategic Partnership in Dermatology



In a significant move within the healthcare sector, Physician Growth Partners (PGP) recently acted as the exclusive financial advisor for Dermatology Specialists of Omaha (DSO) as they entered into a partnership with Forefront Dermatology. This milestone is notable not only for the involved parties but also for the broader healthcare landscape, especially in Nebraska.

Founded in 1999, DSO has established itself as a premier dermatology practice in the greater Omaha-Council Bluffs metropolitan area, supported by a team of seven board-certified dermatologists and six advanced practice clinicians. The firm distinguishes itself through a commitment to comprehensive care that emphasizes patient education, prevention, and solid therapeutic relationships. DSO offers a wide range of services that include medical, surgical, and cosmetic care, alongside a full-service medspa.

With this new partnership, DSO is positioned to enhance its operational foundations and expand its service capabilities, which is crucial for meeting the increasing demand for high-quality dermatological care in the region. This partnership with Forefront marks a pivotal step, especially as it represents Forefront's initial foray into the Nebraska market, which opens avenues for broader accessibility to dermatological services for communities in and around Omaha.

Dr. Anthony Griess, a senior partner at DSO, initially approached the partnership with skepticism but later acknowledged PGP's invaluable contribution throughout the process. He expressed gratitude for their educational approach and the firm’s commitment to advocacy during negotiations. "We secured a partner that aligns with our values while preserving our physician-led team culture and the high standards of patient care we maintain," Dr. Griess remarked, underscoring the collaborative ethos of the partnership.

Dr. Tricia Hultgren, another senior partner at DSO, shared her satisfaction with PGP's deep understanding of the intricacies involved in the dermatology sector. She highlighted how PGP’s guidance clarified each step of the transaction, ensuring that the assumptions guiding the deal remained consistent and accurate throughout the process.

This partnership is not only a strategic business maneuver but also a commitment to the community, ensuring that residents have access to superior dermatologic care. By integrating DSO into Forefront's broader network, both organizations are set to leverage their strengths, leading to enhanced patient outcomes and operational efficiencies.

Sal Asani, Vice President at PGP, remarked on the privilege of facilitating this partnership, praising DSO's excellence in service delivery and physician leadership. He stated, "This partnership will support DSO's continued growth while maintaining the identity that has made it a market leader."

Physician Growth Partners has built an impressive track record in healthcare investment banking and M&A advisory since its establishment in 2017, advising over 70 independent physician groups in successful transactions. The firm specializes in providing essential market insights, operational support, and sell-side advisory services, which is evidenced by their growing influence in the dermatology sector.

In conclusion, the merger of Dermatology Specialists of Omaha with Forefront Dermatology, facilitated by Physician Growth Partners, stands as a testament to the potential for growth within the healthcare sector. It exemplifies how strategic partnerships can effectively enhance service delivery while honoring the foundational values that prioritize patient care at their core. As this collaboration unfolds, the Omaha community and surrounding areas can expect a continuous improvement in dermatological services that are both accessible and innovative.

Topics Health)

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