Cardiovascular Business July 2, 2024
Private equity (PE) firms acquired nearly 350 cardiology clinics in the last decade, according to new data published in the Journal of the American College of Cardiology.[1] This comes at a time when many healthcare stakeholders and government officials feel uneasy about the rising influence of PE.
The new research was first presented Sunday, June 30, at the AcademyHealth 2023 Annual Research Meeting in Baltimore.
“Policymakers and clinicians have raised concern about the growing presence of PE in other medical specialties,” senior author Rishi K. Wadhera, MD, MPP, MPhil, a cardiologist at Beth Israel Deaconess Medical Center and associate professor at Harvard Medical School in Boston, said in a prepared statement. “Although cardiology is an attractive target for PE firms,...
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