Dr. Matt Leavitt, CEO of Advanced Dermatology & Cosmetic Surgery, is the rare combination of doctor and entrepreneur — twice over. Leavitt’s first major business venture was Medical Hair Restoration, which he grew into the second-largest hair restoration practice in the country.
After he merged his practice with major hair restoration group Bosley, Leavitt focused on expanding his dermatology practice and experienced rapid success. The company has 24 Central Florida locations spanning the Interstate 4 corridor, with plans to open two more by mid-2017. The company also is expanding its headquarters, adding 7,500 square feet and about a hundred new employees in Maitland.
Over the years, the company has recruited doctors and their families from all over the country to Central Florida. Leavitt cites the company’s sophisticated health care platform and dedication to opening a new practice wherever he sees a need as two of the reasons behind Advanced Dermatology’s success.
Here, Leavitt talks about the company’s history and how he juggles the delicate balance of business and medicine:
What got you interested in the dermatology business?
I came to Central Florida in 1989 out of my residency. I had always been an entrepreneur but wanted to be in medicine. My last year or so in residency, I had trained a lot on hair loss and hair surgery. At the same time I was starting this national hair practice, I had an idea to do a basic hubspoke model for dermatology.
Why did you decide to switch your focus from hair loss to dermatology?
I had always practiced dermatology, but I saw a need on the hair loss side. I actually lost my hair in college and was looking for a solution myself. I had the biggest fellowship in the country in hair surgery, but I was always building the dermatology side.
Do you think your company will keep growing?
We will continue to expand. We put offices where people need them and work hard to create access. My whole philosophy early on is still one I have today: Go where patients and referring doctors need you. Where dermatology doesn’t usually get patients in very quickly, we usually get patients in within four days.
When did your company begin to rapidly expand?
The company initially was a combination of medical hair restoration and advanced dermatology that started in 1989. We didn’t experience our record growth until around 2009-2010. That growth doubled the size of the company, and then doubled it again.
How do you manage both business and medicine?
Practicing medicine is a challenge, and it has become more challenging as different rules and regulations come into play. Most doctors are very poor business people — it’s hard to get that unique blend. They really have to concentrate on trusting somebody else to assist their practices with everything from health care laws to financial and the workflow of the day-to- day. We’re incredibly process-oriented. It’s all about trust. Our doctors have to be able to trust that we’re doing the right thing for them on the medicine part, but also from the business standpoint.
What keeps you up at night?
I would say I’m somebody who, from a planning standpoint, is always thinking about being one step ahead of the game. My saying is “happy but never satisfied.” Most people don’t like change, but I embrace it and am constantly evaluating what we do.
Do you have any advice for others in the industry?
I think we have a huge advantage because we have patient trust. Those roots have a huge advantage over a CEO who is business first, medicine second. In health care, it should be that way. If you have added expenses or have to make hard decisions, cut a cost or change a schedule where it’s not really in the patient’s best interest, don’t do it — that would just come back and ruin your reputation which is, in any business, a huge portion of success.
What keeps you coming to work in the morning?
I am passionate about what we are doing and the legacy we are going to create. A lot of doctors are burning out, but we want to be the place where they love going to work and enjoy it.
What do you do when you’re not running your company?
I’m an extreme skier, one of those guys who skis the cliffs and out of bounds. I do really crazy things I shouldn’t be doing. I’m pretty extreme on the sports side: rafting, hiking, climbing. It doesn’t matter what I’m doing as long as it’s outside.
What’s the best business advice you ever received?
September 19th, 2016 - Blog, News, News & Media - ADCS
I received it from my dad at an early age: There’s always going to be somebody smarter than you in the room and always somebody with a different skill set, but if you’re one of the smartest guys in the room and work harder than everybody else, you have a good chance of being successful.
While dermatologists have been witnessing a public, widely reported, and frequently discussed consolidation of the pharmaceutical industry over the past few years, a quiet consolidation of dermatology practices has also been underway. Advanced Dermatology and Cosmetic Surgery (ADCS), a group that started in Orlando, FL in 1989, is the nation’s largest dermatology practice today with 149 clinics across the US. This spring, Harvest Partners LP took a majority stake in ADCS in a deal that values the company at more than $600 million. According to the Wall Street Journal (Orr, May 18, 2016), this transaction is the largest of several recent deals for dermatology groups.
Dermatology groups apparently can be lucrative for investors, but what’s the appeal for the dermatologists who join them? Matt Leavitt, DO, founder of ADCS, and Dave Morell, President of ADCS, discuss the growth of the company, future plans, and the experience of dermatologists in ADCS clinics.
Read the full article on Practical Dermatology
September 12th, 2016 - Blog, News, News & Media - ADCS
Advanced Dermatology and Cosmetic Surgery, the nation’s largest dermatology practice, acquires two dermatology clinics in Western Pennsylvania.
ADCS Clinics (“ADCS”) announced it has completed the acquisitions of dermatology practices owned by Robert M. Stiegel, M.D. and Louis H. Martone M.D. in Beaver and Pittsburgh, Pennsylvania respectively.
Dr. Stiegel was born and raised near Chicago, IL. He completed his undergraduate degree in electrical engineering from The University of Michigan and received his medical degree from The University of Illinois.
Dr. Stiegel began his dermatology residency at the Mayo Clinic in Rochester, MN. He then completed his residency at The University of Pittsburgh, PA. He became Board Certified in Dermatology in 1981.
He has been serving people in Beaver County for the past 35 years, and Pittsburgh Magazine rated him one of the top five physicians in dermatology in 2013, 2014 and 2015. Dr. Stiegel has been a Diplomat of the American Academy of Dermatology since 1981.
Dr. Stiegel with Martha Frey and Michelle Williams (both Physician Assistants) at his office in Beaver, Pennsylvania, provide state-of-the-art dermatological treatments for medical issues that affect the skin, hair, and nails.
Dr. Martone is a Board Certified Dermatologist in practice since 1976. He is a graduate of Kenyon College in Gambier, Ohio and Northwestern University Medical School in Chicago. He did his internship at the Northwestern Passavant Hospital. He was then inducted into the United States Air force as a Captain and General Medical Officer to serve two years on active duty during the Vietnam conflict. After discharge, Dr. Martone did his dermatology residency at University Hospitals of Cleveland – Case Western Reserve Medical School.
He is a Fellow of the American Academy of Dermatology, and Pennsylvania Academy of Dermatology. He is past president and current Treasurer of the Pittsburgh Academy of Dermatology. He is Chief of Dermatology at UPMC St. Margaret Hospital. He is also a member of the Allegheny County Medical Society and Pennsylvania Medical Society.
Dr. Martone treats all general skin problems including acne, eczema, psoriasis, skin and nail problems. He is skilled in dermatologic surgery for removal of moles, warts, and skin cancer. He has extensive experience with cosmetic dermatologic procedures.
Dr. Matt Leavitt, Founder and CEO of ADCS, said, “It’s truly an honor to welcome Dr. Stiegel and Dr. Martone to our practice. They have a great following in the area and are dedicated to ensure best possible results for each patient treated are achieved. Dr. Larry Stokar, who was the first successful practice we acquired this past April, was the inspiration to continue to grow in the Pittsburgh area.”
“These acquisitions in Western Pennsylvania continue to expand our presence to provide patients with better access to our doctors for superior quality care. ” said Dave Morell, President & COO of ADCS.
September 6th, 2016 - Blog, News, News & Media - ADCS
ADCS Clinics (“ADCS”) announced it has completed the acquisition of Dermatology Clinic, P.C.; a dermatology practice owned by Larry W. Cole, M.D.
Dr. Cole has been a respected and trusted member of the medical community in Colorado Springs since 1972. He is board certified in dermatology and a Fellow of the American Academy of Dermatology. Together with his physician assistant, Patrick Galaska, PA-C he continues to offer patients effective, efficient and affordable dermatologic care in a caring environment.
Dr. Matt Leavitt, Founder and CEO of ADCS, said, “It’s an honor to welcome Dr. Cole and Mr. Galaska to our practice. They are privileged to serve patients in the Colorado Springs area and have earned the trust and respect of the community with their compassionate professional care.”
“This is our first acquisition in the Colorado Springs market. We are strategically growing our footprint throughout Colorado to better serve our patients.” said Dave Morell, President & COO of ADCS.
ADCS, founded in 1989 by Dr. Matt Leavitt, is a dermatology-focused practice with over 155 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.
August 19th, 2016 - Blog, News, News & Media - ADCS
“A sweet gesture of thanks from a happy and satisfied patient in our Waterford Lakes Office”. Thank you! We strive to make all our patients happy and have a wonderful experience!
August 18th, 2016 - Blog, News, News & Media - ADCS
Dr. Miriam Bettencourt, who heads the Advanced Dermatology and Cosmetic Surgery office located Henderson Nevada, has been once again named a ‘Top Doc’ by the renowned Desert Companion Magazine. This marks several years in a row that Dr. Bettencourt has earned the distinction and what makes this year very special is that hers is the only office listed under dermatology. In response to the award Dr. Bettencourt said “I can only do my job well with the collaboration and dedication of our staff and the help of our corporate office.”
Congratulations Dr. Bettencourt and staff!
August 8th, 2016 - Blog, News, News & Media - ADCS
ADCS Clinics (“ADCS”) announced it has completed the acquisition of The Philadelphia Institute of Dermatology; a dermatology practice owned by Andrew K. Pollack, M.D. with office locations in Fort Washington, Flourtown and North Wales, Pennsylvania.
Dr. Andrew Pollack is one of Philadelphia’s top cosmetic board-certified dermatologists as designated by Philadelphia Magazine. He has appeared numerous times on network television and talk radio. Dr. Pollack has been featured in The Philadelphia Inquirer and has been widely quoted by several national magazines including Elle, Men’s Health, and Prevention.
Dr. Pollack is the Director of the Philadelphia Institute of Dermatology. He was also the Previous Medical Director of Med-X, a prominent laser-related corporation. Dr. Pollack is a member of the Medical Staff at Abington Hospital and was the former Chief of Dermatology at Chestnut Hill Hospital. Dr. Pollack is a prominent principal investigator in many important national pharmaceutical clinical trials in dermatology
Dr. Pollack specializes in: cosmetic treatments (e.g., Restylane, Botox, Collagen, chemical peels), laser hair removal, laser treatments for wrinkles, tattoos, warts, photo rejuvenation, rosacea, scars, sun damaged skin (e.g., brown spots, freckles, veins), spider vein and leg vein treatment, skin cancer evaluation – treatment – surgery, and general dermatology for children and adults.
The team of providers with Dr. Pollack at The Philadelphia Institute of Dermatology:
Myriam Vega Gonzalez, M.D., M.P.H
Dr. Vega received her medical degree from Pontificia Universidad Javeriana in her native Colombia, where she also completed a residency in dermatology. She moved to the States with her family, and has been in Philadelphia since 2009. Prior to residency, Dr. Vega was involved in dermatology research at the Mayo Clinic in Scottsdale that resulted in several peer-reviewed publications. She completed a surgical internship at Hahnemann University Hospital, and then completed her dermatology residency at Thomas Jefferson University Hospital. Dr. Vega enjoys both adult and pediatric general dermatology, and has an interest in ethnic skin, skin cancer prevention, and cosmetic dermatology. Dr. Vega is fluent in Spanish.
Andrew L. Kaplan, M.D.
Dr. Kaplan is a native of Woodbury, New York, where he was high school valedictorian and a National Merit Scholar. He completed his undergraduate education at Duke University, where he graduated Summa Cum Laude and was inducted into Phi Beta Kappa. He received his medical degree from the Duke University School of Medicine, where he was the recipient of numerous scholarships and awards for academic excellence and research. Dr. Kaplan was honored with induction into the Alpha Omega Alpha National Medical Honor Society. Following medical school, Dr. Kaplan completed an internship at Duke University Medical Center and a residency in dermatology at Duke University, consistently ranked among the nation’s top medical centers. At Duke, he was the Chief Resident in Dermatology and also served on the faculty of the Dermatology Division. Dr. Kaplan obtained specialized fellowship training in Mohs Surgery and Procedural Dermatology at the University of Texas Southwestern Medical Center at Dallas, which ranks among the world’s top academic medical centers. This intensive training program, at one of the nation’s leading Dermatology departments, was certified by both the American College of Mohs Micrographic Surgery and Cutaneous Oncology and the American College of Graduate Medical Education. Dr. Kaplan is board certified in Dermatology.
Laurel Radcliffe Schwartz, M.D.
Dr. Laurel Radcliffe Schwartz is a California native who was raised in Southeast Asia. She received a Bachelor of Arts in Biology at Northwestern University in Chicago. Following college, she worked as a laboratory scientist prior to moving to the Philadelphia area. Dr. Radcliffe Schwartz attended Drexel University College of Medicine, where she was elected to the Alpha Omega Alpha honor society. She served her medical internship at Abington Memorial Hospital and then attended Thomas Jefferson University Hospital where she completed her residency in dermatology and her fellowship in dermatopathology. More recently, she served as Assistant Professor of Dermatology at Thomas Jefferson University Hospital. She is board certified in dermatology and dermatopathology, and is a member of the American Academy of Dermatology and the American Society of Dermatopathology. She is now happy to call Montgomery County, PA home.
Amy Levinson, MSN, CRNP
Amy has joined the group as a Nurse Practitioner. She specializes in both medical and cosmetic dermatology. Ms. Levinson brings over 12 years of experience in the healthcare industry. She completed her education and training at Vanderbilt University (Nashville, TN) and Thomas Jefferson University (Philadelphia, PA). Ms. Levinson is board certified by the American Nurses Credentialing Center (ANCC) and an active member of the Dermatology Nurses Association. Ms. Levinson also received specialized training in cosmetic dermatology, and is a certified Botox Cosmetic injector.
Ms. Levinson’s previous work experiences include both pediatric and geriatric care across a variety of disease processes. Most recently, she served as a Dermatology Nurse Practitioner in a busy outpatient setting. A fluent speaker of both English and Spanish, she enjoys volunteering her time in underserved areas. Additionally, she is a published author in Practical Dermatology plans to continue research in the field of dermatology.
Sharon Mohale, PA-C
Sharon has experience treating patients as a physician assistant in dermatology for close to eight years.
Sharon received both her Bachelor of Arts in Biology, and her Master of Physician Assistant Studies from Chatham University, in Pittsburgh, PA. She is a member of the Society for Dermatology Physician Assistants, and Phi Beta Kappa. She ls originally from Southern Africa, and has lived in the United States for over twenty years.
In addition, the has also worked as an Adjunt Faculty member at Chatham University, in Pittsburgh, PA, teaching and facilitating general medical studies for physician assistants, and has continued her teaching as a part-time lecturer at Drexel University Physician Assistant Program, instructing physician assistant students in dermatology, whenever invited.
Sharon enjoys treating and caring for patients in all aspects of dermatology, and takes a particular interest in treating skin of color.
Amanda Murphy, PA-C
Amanda joined Philadelphia Institute of Dermatology in January, 2014 after more than 12 years of local experience as a physician assistant in dermatology. Amanda has extensive experience in the diagnosis and treatment of all types of skin conditions and disorders for children and adults. She is a caring professional who understands the needs of patients.
Her education includes a Masters degree in Physician Assistant studies from Philadelphia College of Osteopathic Medicine (PCOM) and a bachelor’s degree from the University of Delaware with a major in Biology and a minor in Spanish.
As an adjunct professor at PCOM and Arcadia University, Amanda prides herself in preparing the nest generation of PA’s for success in her profession. She lectures on various topics, including the demonstration of dermatologic procedures, suturing techniques and clinical skill labs. She was recently recognized for the work as the 2013 Alumnus of the Year from Philadelphia College of Osteopathic Medicine.
Debra Hrobak Omlor, PA-C
Debra received her undergraduate degree in Biology at Philadelphia University. She received her Physician Assistant training at the University of Medicine and Dentistry of New Jersey and she did her clinical rotations at Cooper University Hospital in Camden, NJ.
Debra has been a Dermatology Physician Assistant for the last 6 years. She has experience in all areas of dermatology including dermatologic surgery and cosmetics. Debra has also lectured nationally for several pharmaceutical companies as well as lectured at Drexel University. She currently resides in East Norriton with her husband and son.
Dr. Matt Leavitt, Founder and CEO of ADCS, said, “it’s a privilege and honor to have the expertise of Dr. Pollack and his team at ADCS. They are distinguished providers and surgeons with expertise in various skin disease states that make them valuable additions to our practice.”
“This acquisition compliments our existing presence in the Philadelphia Metro Market to better serve patients and reduce patient wait times.” said Dave Morell, President of ADCS.
ADCS, founded in 1989 by Dr. Matt Leavitt, is a dermatology-focused practice with over 154 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.
August 5th, 2016 - Blog, News, News & Media - ADCS
Maitland, FL – ADCS Clinics (“ADCS”) announced it has completed the acquisition of Denver Skin Clinic; a dermatology practice owned by Barbara Reed, M.D. and Leslie Havard, M.D.
Dr. Reed joined the Denver Skin Clinic in 1984 after completing medical school and a residency in dermatology at the University of Colorado Denver. She has continued to teach students and residents at the Veterans Hospital since that time, and is Clinical Professor of Dermatology at the University of Colorado Denver Hospital.
Dr. Reed is a board certified dermatologist and has been active with the Colorado Dermatologic Society, serving as President in 1989. She also served as President of the Denver Medical Society in 1994-1995 and President of the Women’s Dermatologic Society in 1998. She was on the Board of Directors of the American Academy of Dermatology from 1998-2002, and on the Board of Directors of Copic, a physician-owned medical malpractice company, from 1997-2008.
Dr. Reed is the author of 24 scientific publications and a number of essays on practice philosophy and problems of integrating private practice in a managed care environment. She has lectured frequently on the topic of “Pregnancy, Drugs and the Dermatologist.”
Dr. Reed received the Philpott Teaching Award for Teaching Excellence from the Department of Dermatology, UCHSC, in 1990. She also received the University of Colorado Hospital Medical Staff Outstanding Clinical Physician Award in 2001, the Gold Triangle Award from the American Academy of Dermatology in 2002 for Outstanding Dedication to Isotretinoin issues, and Presidential Citation Awards in 2003 and 2004 from the American Academy of Dermatology. She continues to teach at Veterans Hospital.
Dr. Havard, a board certified dermatologist, joined the Denver Skin Clinic in 2000 after completing a dermatology residency and immunodermatology fellowship at the University of Colorado.
Originally from New Zealand, she is a medical graduate of the University of Otago, Dunedin, New Zealand. Prior to medical school Dr. Havard trained as a Physical Education teacher, but elected to teach skiing both in Colorado and New Zealand and achieved full certification as a professional ski instructor.
Dr. Matt Leavitt, Founder and CEO of ADCS, said, “It’s an honor to have Dr. Reed and Dr. Havard with their team (Peggy Liao, M.D. and Hunter Sams, M.D.) on board with us at ADCS. They are extremely talented providers who have a combined 65 years experience in providing superior quality care to their patients.”
“This acquisition continues to add to our expansion in Colorado. Providing additional access and convenience for patients to seek quality care is paramount in our growth goals. ” said Dave Morell, President of ADCS.
July 18th, 2016 - Blog, News, News & Media - ADCS
Amber Blair, MMS PA-C from ADCS has been appointed to the position with the Florida Society of Dermatology Physician Assistants (FSDPA), on the board of Directors as “Director at Large”. Congratulations!!
June 22nd, 2016 - Blog, News, News & Media - ADCS
Our own Advanced Dermatology staff at our Downtown Orlando Clinic helped out the community, taking care of all the law enforcement and volunteers with water and sunscreen. Our thoughts and prayers are with the victims and families.
June 14th, 2016 - Blog, News, News & Media - ADCS