Private Equity

Private equity investment in healthcare surged in 2025, an estimated $191 billion, and the way investors are deploying capital is shifting, according to a recent report from VMG Health.  For ASCs and physician groups, that means new opportunities and risks…

Private equity firms acquired at least 21 outpatient medical practices in January, spanning specialties including primary care, cardiology, radiology, pediatrics, eye care, dermatology, pain management and ENT, according to the Private Equity Stakeholder Project, which tracks PE-backed healthcare acquisitions. The…

Private equity has become a flashpoint in healthcare as clinicians, administrators, politicians and patients respond to increased consolidation efforts throughout healthcare.  In a viewpoint published Feb. 25 by CT Mirror, author Aashka Shah, MD, a resident at New Haven, Conn.-based…

States are taking healthcare consolidation into their own hands. From banning private equity interference in clinical decisions to expanding attorney general review of mergers and pausing hospital acquisitions, lawmakers across the country are reshaping how deals get done, and who…

Independent practices are rapidly disappearing as hospitals and corporate entities accelerate acquisitions across the U.S.  Between 2019 and 2023, the share of independent physician practices owned by hospitals, health systems or other corporate entities jumped from 39% to 59%. Over…

Private equity remains active in healthcare, including in the ASC ecosystem, but the strategy is shifting.  Rather than building standalone ASC platforms, firms are increasingly pairing ASC investments with physician practice management infrastructure to control patient flow across the care…

The last several years have seen a significant expansion of private equity activity in healthcare, and with that, a new wave of state-level legislation aimed at placing more scrutiny on PE deals.  Here are five states that implemented or proposed…

Private equity groups have significantly expanded their footprint in healthcare and in the ASC industry over the last decade — and several states have responded with new, stricter regulations around corporate healthcare deals.  Here is a look at three different…

Private equity firms have become major players in the ASC industry through targeted acquisitions, platform building and strategic investments, according to an October report from the Private Equity Stakeholder Project. 2016: Kelso & Company purchased PE GI Solutions (formerly known…

Private equity firms are drawn to the ASC industry by strong growth, fragmented ownership and earnings potential, according to an October report from the Private Equity Stakeholder Project. The report identifies several ASC companies with private equity backing: