Report: PE firms’ entrance into urgent care raises concerns for quality, affordability of care
MedCity News August 14, 2022
Private equity’s expanding presence in urgent care and the consolidation of the industry raise concerns about the quality and affordability of care, according to a recent report. It argued that the industry should be wary about this ownership trend, as private equity firms could cut staff, push costly procedures and strip out assets from providers.
Over the past 10 years, private equity firms have been increasingly investing in urgent care — capitalizing on an industry that has skyrocketed in growth as patients seek alternatives to bureaucratic primary care and expensive visits to the emergency room.
But private equity’s expanding presence in urgent care and the consolidation of the industry raise concerns about the quality and affordability of care, according...