Radiology Business March 6, 2024
Radiology has seen an uptick in private equity ownership, with investors holding a dominant market share in some geographies, according to new research published Monday.
Across 10 different specialties analyzed including radiology, the number of PE-acquired practice sites swelled 608%, from 816 in 2012 up to 5,779 in 2021. Private equity acquired 257 radiology practice sites as of 2021, accounting for about 4.4% of all PE acquisitions, experts wrote in Health Affairs [1].
Across the specialty, 15 private equity firms held market shares greater than 30% in their service area, at an average of about 48%. Four PE firms held market shares greater than 50% in radiology, controlling an average of nearly 71% in the given geography.
“Especially since 2020,...
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