Becker's Healthcare January 26, 2023
After years of courting ASCs, gastroenterology groups and ophthalmology groups, private equity has set its sights on cardiology, a high-acuity growth opportunity for ASCs.
Florida-based private equity firm Viper Partners is opening a mergers and acquisitions department focused on deals in the cardiology space. Viper has completed more than $4 billion in deals outside of the cardiology space and now has several surgical cardiology and subspecialty groups under contract.
Cardiology groups are the latest focus of healthcare investors, Gary Herschman, of the law firm Epstein Beckers Green, wrote in a Nov. 9 blog post. Currently, there are six active private equity cardiology platforms, according to Mr. Herschman, adding that the number is expected to double in the next...