Medscape February 18, 2020
Private investor purchases of medical practices more than doubled between 2013 and 2016, a new study shows. When analyzed by specialty, the authors found that anesthesiology has accounted for the most sales to such entities, but acquisitions occurred across a host of specialties.
The study, published online today in the Journal of the American Medical Association, documents an accelerating trend that has been causing consternation in some quarters and celebration among some physicians who have been glad to get a cash infusion to support their practices or to help finance their retirement.
During the 3-year study, 355 physician practices were purchased by private equity groups. Although the acquisitions represent a small percentage of the estimated 18,000 unique group medical practices...