....
Not long after Gavin Newsom, the governor of California,
ordered the state’s 40 million residents to stay home to stop the spread of the
new coronavirus, Dr. Greg Morganroth called his team of doctors and said their
dermatology group was staying open.
ordered the state’s 40 million residents to stay home to stop the spread of the
new coronavirus, Dr. Greg Morganroth called his team of doctors and said their
dermatology group was staying open.
Morganroth is chief executive officer of the California Skin
Institute, which he founded in 2007 as a single office in Mountain View. He’s
since expanded to more than 40 locations using a financing strategy that’s
become exceedingly common in American health care: private equity. In this
case, he took out a loan from Goldman Sachs Group Inc. that could eventually
convert to an equity stake. CSI is now the largest dermatology chain in
California.
Institute, which he founded in 2007 as a single office in Mountain View. He’s
since expanded to more than 40 locations using a financing strategy that’s
become exceedingly common in American health care: private equity. In this
case, he took out a loan from Goldman Sachs Group Inc. that could eventually
convert to an equity stake. CSI is now the largest dermatology chain in
California.
...a two-year war, and we need to make strategic plans for our
businesses that enable us to survive and to rebound.”
businesses that enable us to survive and to rebound.”
...Common
reasons for visiting a dermatologist’s office—skin screenings, mole removals,
acne consultations—aren’t particularly time sensitive. Serious matters, such as
suspected cancers and dangerous rashes, can be handled, at least initially,
with telemedicine consultations.
reasons for visiting a dermatologist’s office—skin screenings, mole removals,
acne consultations—aren’t particularly time sensitive. Serious matters, such as
suspected cancers and dangerous rashes, can be handled, at least initially,
with telemedicine consultations.
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