Medical Economics July 1, 2024
Vast majority of the acquisitions have occurred in the last two years
A study published in the Journal of the American College of Cardiology and presented at the AcademyHealth 2024 Annual Research Meeting in Baltimore found a dramatic rise in the acquisition of cardiology clinics by private equity firms over the past decade.
The research indicates that from January 2013 to September 2023, private equity firms acquired 41 outpatient cardiology practices, encompassing 342 clinic sites. More than 94% of these acquisitions occurred between 2021 and 2023, marking a significant uptick in recent years. The annual number of acquired clinic sites skyrocketed from zero in 2013 to 215 in 2023. The acquisitions spanned 20 states, with Florida, Texas, and Arizona leading...
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