Advisory Board May 25, 2023
In recent years, we have seen a growing trend of large corporations acquiring primary care clinics. Earlier this month, the New York Times published an article entitled “Corporate Giants Buy Up Primary Care Practices at Rapid Pace.”
While the title may accurately capture the pattern at the surface level, the article does not provide the full context and nuance needed to deeply understand this trend and its implications. Health plans, private equity firms, and retailers are absolutely racing to buy up physician practices. But the rise in ownership isn’t a guaranteed success — nor is it a guaranteed failure for the industry.
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