Michael Pennington used his background in middle-market investment banking to establish Platinum Dermatology Partners eight years ago. Now with 400 providers across five states, the physician-owned practice is thriving in a marketplace beset by challenges such as wage inflation and declining reimbursement models.

In this episode of The Corner Series, Michael describes the foundation of success with host Geoff Cockrell. He acknowledges that navigating healthcare markets is more difficult than it was 10 years ago, but he also promotes the unique advantages of the dermatology space. For instance, “I worry about a lot of things at night,” Michael says, “but patient demand is not one of them.”