Becker's Healthcare November 22, 2024
Physicians in private practices have been fighting for survival over the last several years as reimbursement rate declines paired with rising practice costs have forced many practice owners to make difficult choices.
Marsha Thorson, formerly a practice manager of Gunnison (Colo.) Valley Family Physicians, identified several market dynamics that private practice owners and managers should watch in 2025:
1. The role of private equity in consolidation. Around 63% of physician transactions in 2023 were attributable to a PE firm or their portfolio companies, according to VMG Health’s 2024 Healthcare M&A Report published in May. PE firms are also looking toward physician group acquisitions for their ability to combine deals into large and scalable platforms.
2. Workforce retention efforts....
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