Becker's Healthcare August 20, 2024
Between 2019 and 2023, 65% of acquired physician practices were purchased by private equity. The second-most-prolific acquirers were physician medical groups, which purchased 14% of private practices, according to data from the American Hospital Association.
Health insurers, including UnitedHealthcare and its subsidiary Optum, the largest employer of physicians nationwide, acquired 11% of practices.
Here are three acquisitions of physician practices and groups in 2024, as reported by Becker’s:
1. Dallas-based Steward Health Care entered into an agreement to sell its physician group, Stewardship Health, to Nashville, Tenn.-based Rural Healthcare Group, a part of private equity firm Kinderhook Industries, for $245 million, according to an Aug. 12 court filing obtained by Becker’s. The...
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