HealthLeaders Media November 5, 2018
Investors that entered the hospital business about a decade ago are now looking for an exit.
Private equity continues to flee from hospitals in favor of less-costly and more efficient outpatient settings of care like home health and retail healthcare specialties like dermatology and vision care, according to Sarah Pringle of Buyouts, a HealthLeaders sister publication.
Capping this theme of investors that got into the hospital biz around the 2008-2010 timeframe and are now attempting to get out, Leonard Green is evaluating the sale of Prospect Medical, Buyouts writes. The buyout firm a few years back reportedly tapped Morgan Stanley to find a buyer for the for-profit hospital operator. Find out who’s advising this time around.
It’s too...
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