Becker's Healthcare November 13, 2024
Nearly 50% of all private cardiology practices were a part of a private equity portfolio, according to MedAxiom’s 2024 “Cardiovascular Provider Compensation and Production Survey.”
The survey included responses from 5,663 physicians and APPs and 202 cardiology programs.
This aligns with other recent studies that have shown significant interest in cardiology from private equity groups.
Between January 2013 and September 2023, PE firms acquired 342 cardiology clinics –– with the vast majority of transactions occurring since 2021, according to a study published July 15 in the Journal of the American College of Cardiology. These acquisitions were concentrated in Florida, Texas and Arizona.
Cardiovascular Associates of America and US Heart...
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