Aurora Diagnostics Reaches Agreement to Acquire Arizona Dermatopathology

PALM BEACH GARDENS, FLORIDA – Aurora Diagnostics, the nation’s leading operator of high quality regional pathology labs with 21 community-based locations around the United States, announced today that it has reached an agreement to acquire Arizona Dermatopathology in Scottsdale, Arizona.

Once completed, the acquisition will provide Aurora with its first Arizona-based lab. Arizona Dermatopathology was started in 2009 by Dr. Richard Bernert with a commitment to providing high-quality pathology services in the state of Arizona. The lab will join a growing list of respected dermatopathology labs that are part of Aurora Diagnostics and will be the third regional lab to join Aurora since late June.

“Dr. Bernert and his team are very well regarded in the field of dermatopathology and we welcome them to Aurora Diagnostics,” said Daniel D. Crowley, Chief Executive Officer of Aurora.  “This acquisition will expand our reach into Arizona, a very important market for our services.  Aurora is an ideal home for regional labs seeking a corporate home in this time of consolidation in the lab industry.”

“We are pleased to be joining the respected Aurora family of labs,” said Dr. Bernert, founder of Arizona Dermatopathology.  “Aurora’s emphasis on quality, local relationships and personalized, consultative service to referring physicians is a good fit for our team.”

Terms of the transactions were not disclosed.

About Aurora Diagnostics

Aurora Diagnostics is a specialized laboratory company focused on anatomic pathology at 21 locations within the United States. Employing over 110 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources—dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and 54 community-based hospitals. For additional information regarding Aurora Diagnostics and the services it provides, please visit the company website at www.auroradx.com.

About Arizona Dermatopathology

Arizona Dermatopathology offers personalized care to its patients. The lab is known for its knowledgeable staff and quality care in the Scottsdale community. Through years of practice in pathology, physicians throughout Arizona have come to trust and rely on Dr. Bernert and his team.

Forward Looking Statements

 

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of federal securities laws. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, some of which are not within the control of the Company.  Aurora reports information that may be significant for investors in its filings with the Securities and Exchange Commission (SEC), and Aurora encourages investors to consult those filings.