Private Equity’s Impact on the Practice of Medicine

Health Affairs December 11, 2025
Zirui Song, Rick Snyder, Ge Bai, Barak D. Richman, Stephanie S. Lee, Ola Abdelhadi, Sneha Kannan, Yashaswini Singh

Private equity (PE) firms have made huge investments in health care, including hospitals, physician practices, home health, and more. With growing research pointing out the negative impacts on physicians and quality of care for patients, the ultimate outcome of PE in health care is unclear.  

On December 11, Health Affairs held a virtual event with a panel of experts exploring some of the most recent research on PE, implications for health care clinicians and patients, and what policy makers at the state and federal levels should be doing in response to PE’s increasing role in health care. 

Moderated by Ateev Mehrotra of Brown University, the...

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