Platinum Dermatology Partners

What Platinum Dermatology Partners does

Platinum Dermatology Partners is a Dallas, Texas-based physician-led dermatology group practice organization that acquires and partners with established dermatology practices across Arizona, California, Florida, Nevada, and Texas. The company operates over 120 clinical locations and four dedicated dermatopathology laboratories staffed by nearly 400 providers (including board-certified dermatologists and advanced practice providers), serving more than 1 million patients annually. Its core customers are practicing dermatologists seeking to retain clinical autonomy and ownership while offloading administrative and operational functions, and individual patients seeking medical, surgical, cosmetic, and dermatopathology services.

The company's underlying technology centers on the Platinum Insights Platform, an AI-powered predictive patient care tool that operates across the network's patient base, and the Aesthetics Research Committee, a clinical research and advisory body of nine board-certified dermatologists. Both initiatives are positioned as differentiators that convert clinical activity into standardized evidence and predictive insights unavailable to independent practices. The company is HIPAA-compliant and governed under Texas law.

Platinum generates revenue through management services agreements with affiliated practices (covering HR, payroll, marketing, recruiting, IT, payer contracting, legal, and revenue cycle management) and through clinical healthcare services delivered across the network. Pricing is not publicly disclosed; physician partnership terms are individually negotiated, and patient services are typically billed through insurance or self-pay. The company is privately held by Sun Capital Partners and pursues growth through a repeatable acquisition engine, having absorbed Howsden Dermatology (2017), Center for Dermatology and Plastic Surgery (2018), West Dermatology (2022), Mosharrafa Plastic Surgery (2023), and Skin & Cancer Associates (2023).

Name

Platinum Dermatology Partners

Legal name

Platinum Dermatology Partners

Website

https://platinumderm.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

251–500 employees

Short description

Platinum Dermatology Partners is a Dallas-based, Sun Capital-backed dermatology group practice organization operating over 120 locations and four dermatopathology labs across five states, serving more than 1 million patients annually through nearly 400 providers via a physician-centric partnership model.

Ownership category

akta.pro rank

Product category

Dermatology Practice Management

NAICS

Other Outpatient Care Centers (62149), Medical and Diagnostic Laboratories (6215)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Medical Laboratories (8071)

akta.pro primary industry

General & Medical Dermatology (HLAKACAA)

Keywords

• Dermatology practice management
• Physician partnership network
• Clinical dermatology services
• Dermatopathology lab services
• Cosmetic dermatology care

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Practice Management Services: Revenue generated through management services agreements with affiliated dermatology practices, providing administrative, operational, and business support while physicians retain clinical decision-making authority and ownership stakes.
2. Healthcare Services Revenue: Revenue from clinical dermatology services delivered through the network of affiliated practice locations spanning dermatology, cosmetic procedures, and dermatopathology.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Platinum Dermatology Partners operates a physician-led dermatology group practice organization that partners with established dermatology practices to provide practice management services, operational support, and shared resources while physicians retain clinical autonomy and ownership stakes. The network spans over 120 locations across Arizona, California, Florida, Nevada, and Texas, delivering medical, surgical, cosmetic, and pediatric dermatology care as well as dermatopathology lab services. The company is backed by Sun Capital Partners and serves over 1 million patients annually through nearly 400 providers.

Product overview

Platinum Dermatology Partners operates as a dermatology group practice organization offering a network of dermatology services across over 120 locations in five states. The company provides practice management support to affiliated dermatologists while maintaining a physician-led model. Key offerings include the Platinum Insights Platform (an AI-powered predictive patient care tool) and the Aesthetics Research Committee (a clinical research and advisory body). The company serves over 1 million patients through nearly 400 providers.

Differentiator

Problem solved

Functional benefit

Brands

• West Dermatology: Patient-facing dermatology practice brand in California
• Skin and Cancer Associates

Products and services

• Medical and Surgical Dermatology Services
• Cosmetic and Aesthetic Dermatology Services
• Plastic and Reconstructive Surgery Services

Quantifiable outcome

• Serving over 1 million patients through nearly 400 providers across over 120 locations

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Obagi MedicalcoreStrategic or Co-development Partner · 26 January 2026Platinum Dermatology Partners serves as launch partner for Obagi's ALOHA (Aesthetics Leadership with Obagi's Hyaluronic Acid) Program to generate real-world clinical evidence for the Obagi saypha MagIQ injectable. Platinum will conduct structured evaluations across over 120 locations, capturing standardized data on patient outcomes and provider experience. Initial findings to be presented at Platinum Summit in Dallas.
• Skin & Cancer AssociatescoreStrategic or Co-development Partner · 5 December 2023Sun Capital-backed Platinum Dermatology Partners merged with Skin & Cancer Associates, expanding into Florida with 34 locations. The merger increases Platinum's reach to nearly 400 providers serving patients across over 130 clinics in Arizona, California, Florida, Nevada, and Texas. SCA, founded over 50 years ago, brings reputation for bringing together top dermatologists in the South Florida market.
• Mosharrafa Plastic SurgeryminorStrategic or Co-development Partner · 31 July 2023First stand-alone plastic surgery practice added to the Platinum network. Located in Phoenix with fully accredited outpatient surgery center. Led by Dr. Ali Mosharrafa and Dr. Tamir Mosharrafa, recognized as Top Docs by Phoenix Magazine for 20 consecutive years. Represents natural expansion of cosmetic and reconstructive surgery services.
• West DermatologycoreStrategic or Co-development Partner · 1 June 2022Merger with West Dermatology completed in June 2022, rebranded to Platinum Dermatology Partners in August 2023. United the company under single name with unified purpose and culture. West Dermatology remains as patient-facing brand in California. The merger created one of the largest dermatology platforms with over 300 board-certified dermatologists at 100 locations.

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• US Dermatology Partners: Direct competitor and one of the largest U.S. dermatology roll-ups, also PE-backed; offers the same physician-partnership model with national scale across dozens of locations, competing head-to-head for both patients and acquisition targets.
• QualDerm Partners: PE-backed dermatology group practice organization with a comparable physician-partnership model, multi-state footprint, and acquisition-driven growth strategy; one of Platinum's closest direct competitors in the M&A marketplace.
• Schweiger Dermatology Group: Large Northeast-based dermatology platform with similar physician-affiliation model and full medical/cosmetic service offering; competes for both patient demand and partner physicians in overlapping metro markets.
• Advanced Dermatology: Multi-site dermatology practice platform offering medical, surgical, cosmetic, and pathology services with a similar partnership/affiliation structure; competes for patient volume and acquisition targets.
• Forefront Dermatology: Large physician-led dermatology group with multi-state operations providing medical, surgical, and cosmetic dermatology plus dermatopathology; comparable scale and service breadth.

Others

• Sun Capital Partners: Parent PE sponsor and capital provider; relevant as a peer for understanding the governance and exit dynamics that drive Platinum's strategic decisions, and as a comparator for other healthcare-services roll-ups in the Sun Capital portfolio.
• Obagi Medical: Strategic commercial partner on the ALOHA program and a major dermocosmetics brand; relevant as a peer for understanding the aesthetics product ecosystem that Platinum's network prescribes and studies.

Broad incumbents

• Quest Diagnostics: Large incumbent reference laboratory that historically captures dermatopathology specimens from independent practices; represents the external-pathology competitor that Platinum's in-house labs are vertically integrated against.
• Allergan Aesthetics (AbbVie): Dominant aesthetics/pharma incumbent (Botox, CoolSculpting, fillers); relevant as the upstream supplier whose products Platinum's network prescribes, and as the dominant commercial counterparty shaping aesthetics economics.

Emerging players

• Castle Biosciences: Dermatology-focused molecular diagnostics company providing genomic tests for skin cancers; relevant as an adjacent technology/diagnostics player whose tools are deployed within dermatology networks like Platinum's.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Platinum Dermatology Partners