Commonwealth Fund November 17, 2023
Private equity’s role in health care is rapidly growing, particularly through acquisitions of high-margin specialist practices
Concerns over the impact of private equity ownership on health care costs, equity, and access have led to heightened public scrutiny
Concerns over how private equity is affecting health care access, quality, and costs in the United States have exploded in the past few years, reflecting the growing activity of private investors in health care markets.
Private equity investors spent more than $200 billion on health care acquisitions in 2021 alone, and $1 trillion in the past decade. Private equity firms have long been active in hospital, nursing home, and home care settings. But recently, acquisitions of physician practices have skyrocketed, especially in...