Report: Hospitals, insurers, PE firms own nearly half of physician practices

MedCity News June 29, 2021
Anuja Vaidya

The Covid-19 pandemic spurred the rate of physician practice acquisition by hospitals and corporate entities, like payers and private equity firms, a new report shows. As a result, by January 2021, about 48% of physician practices across the country were owned by one or the other entity.

By the beginning of 2021, hospitals and other corporate entities, like insurers and private equity firms, owned about 48% of physician practices, according to a new report.

The report, commissioned by the Physicians Advocacy Institute and prepared by Avalere Health, examined physician practice acquisition between Jan. 1, 2019, and Jan. 1, 2021. Data was gathered from the IQVIA OneKey database.

The number of physician practices owned by hospitals or corporate entities jumped from...

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