PE-Backed Physician Groups Grew 600% in a Decade

The number of physician practices acquired by private equity firms increased by more than 600% from 2012 to 2021, according to a new analysis in Health Affairs. The analysis sought to comprehensively measure the growth and penetration of PE acquisitions of physician practices for certain specialties, finding PE-acquired practices increased from 816 sites across 119 metropolitan statistical areas in 2012 to 5,779 practice sites across 307 MSAs in 2021. The 10 physician specialties measured in the study — because they are most frequently acquired by PE firms — are primary care, dermatology, obstetrics-gynecology, gastroenterology, ophthalmology, oncology, urology, radiology, orthopedics and cardiology.

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Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/pe-backed-physician-groups-grew-600-in-a-decade.html

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