HealthExec July 17, 2024
Despite growing attention from regulators and the media, the number of healthcare providers owned by private equity firms is relatively small, a report from market analytics firm PitchBook found.
According to the data, providers backed by private equity make up only 3.3% of the total market by revenue. Further, the number of hospitals and provider groups backed by private equity has slowed over the past six years, with the number of new healthcare organizations backed by private equity failing to grow 1% in the first quarter of 2024.
In 2018, the number of private equity-backed healthcare provider organizations peaked at 25%. There has not been a major investment in hospitals or health systems from these investment firms since 2018, PitchBook...