Becker's Healthcare July 11, 2024
While healthcare and political leaders continue to address “corporate greed and private equity abuse” in healthcare, a July 8 PitchBook report found that PE’s investment in healthcare is “vastly overstated.”
The report, Quantifying PE Investment in Healthcare Providers, used data from PitchBook, third parties, frequent private equity investor interactions with PitchBook, companies backed by private equity, and a range of service providers across the private equity ecosystem.
Here are six takeaways from the report:
1. Providers backed by private equity make up less than 4% of the U.S. healthcare provider revenue ecosystem.
2. Growth year over year for the total number of private equity-backed companies has slowed in the last six years, falling under 1% in the first...