4sight Health April 17, 2024
4sight Health published a blog post last month in which I said it was disingenuous of physicians to complain about private equity acquisitions of medical practices because it’s physicians who are selling their practices to PE firms. They’re crying at the same time that they’re putting the money in their pockets.
Here’s more gas on that fire.
The Physicians Advocacy Institute (PAI) released a 39-page report on trends in hospital, health system and corporate entity acquisitions of physician practices. Corporate entities include health insurers, PE firms and “umbrella” corporate entities that own multiple physician practices.
Here’s what the PAI report said:
- Hospital and health systems acquired 7,600 physician practices over a five-year period, January 2019 through January 2024, to...