"There is nothing like the friendliness I've experienced with TowneBank."

"There is nothing like the friendliness I've experienced with TowneBank."

Rachel Downey, Dermatology Associates of Virginia, P.C. 

Dermatology Associates of Virginia — A Private Banking Member


For decades, Dermatology Associates of Virginia (DAV) has been committed to providing compassionate, high-quality care for patients throughout central Virginia. 

In 2017, DAV decided to become one of the first general dermatology practices in the state to build an in-house Mohs micrographic surgery suite. This highly effective treatment allows a specially trained Mohs surgeon to remove cancerous areas from the skin while preserving the maximum amount of healthy tissue possible—resulting in a better patient outcome.

“It was a big renovation and undertaking for us, and we were happy to have solidified our relationship and financing with TowneBank,” says Rachel Downey, practice administrator at DAV.

Since then, the demand for DAV's services has grown, leading them to add a second surgeon. “They are considered a market leader in central Virginia,” says Matthew Scott, senior vice president and private banking officer at TowneBank. “We help them formulate thoughtful solutions and grow their initiatives. In business, it's important to have someone who can provide a straight-forward answer and who really cares about your success. That’s what we aim to do.” 

In addition to the Mohs surgical suite, TowneBank has helped finance office expansions for the group, including a 13,000 square foot office suite at Reynolds Crossing in Henrico. TowneBank also provides card processing solutions and reporting through Merchant Services, to accept payments and provide the accounts payable team with access to transaction details, batch-related information, and chargebacks. 

“There is nothing like the professionalism and friendliness that I’ve experienced with TowneBank,” says Rachel. “One of my personal philosophies is to do business with people that I respect and trust. That has always been the case with TowneBank.”  

As their private banker, Matthew is committed to remaining up to date on changes and issues that may impact the practice. “He sees beyond the financials and views our practice as a whole. Our staff and physicians trust him—in fact, many of our doctors have gotten their home mortgage through TowneBank Mortgage because of the amazing experience.” 

“TowneBank has helped DAV in a series of ways as they evolve, and we continue to deepen that business relationship,” Matthew says. “And we have fun, too! We spend as much time talking about our shared love of the Dave Matthews Band as we do business!” 

Contact us today to learn more about how TowneBank can help your healthcare practice. Or, call your local TowneBank branch to speak with a banker today.

More About Dermatology Associates of Virginia

Dermatology Associates of Virginia (DAV) was founded by Dr. Charles Caravati in 1969. Since then, DAV has grown to 22 providers practicing at six locations in central Virginia. With over 250 years of combined experience, the team at DAV offers several quality, cost-effective treatments to their patients. They treat and manage a variety of skin diseases, and offers a diverse selection of surgical options, including cryosurgery, electrosurgery, and the highly specialized Mohs surgery. Additionally, the practice offers services like laser hair removal, and cosmetic treatments like sclerotherapy and chemical peels. 

DAV is the founding member of MD Value Care, an organization of independent physician practices in Richmond that works to provide the highest quality of care and experience, while remaining cost-effective for patients. Additionally, all of the providers at DAV are members of local, state, and national dermatology and medical professional societies, and all doctors are certified by the American Board of Dermatology.

For more information, visit the By clicking this link you are opening a window in a new tab.Dermatology Associates of Virginia website.

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