Private Equity

A federal bill that would ban corporate control of physician practices has no grandfather clause. Private equity-backed platforms built on management services organizations could be forced to restructure, unwind or divest if it passes. The Stop Corporate Takeovers of Physicians…

California’s Office of Administrative Law on Oct. 2 approved updated Office of Health Care Affordability regulations implementing Assembly Bill 1415. The regulations expand which private equity, hedge fund, MSO and real estate transactions must be reported to the state. Here…

For the past decade, private equity’s physician practice strategy has followed a relatively consistent formula in which firms buy a platform practice, add regional practices and sell within three to five years.  In corporate practice of medicine states, that often…

A federal bill introduced Sept. 16 would do more than bar private equity firms from owning physician practices. It targets the management services organization structure PE-backed platforms have used to operate in corporate practice of medicine states, and it would…

The Private Equity Stakeholder Project reports that eight states enacted new laws in 2026 broadening oversight of private equity in healthcare.  The nonprofit’s 2026 State Healthcare Policy Review, published Sept. 22, tracks new or expanded measures in six states plus…

Private equity-owned firms staff at least three of the 15 largest emergency room companies in the U.S., according to a Sept. 18 report from the Private Equity Stakeholder Project. TeamHealth, owned by Blackstone since a 2017 leveraged buyout, staffs 552…

At least 27% of U.S. emergency departments are staffed by private equity-backed companies, according to a Sept. 18 report from the Private Equity Stakeholder Project. The three largest ED staffing companies by volume, TeamHealth, US Acute Care Solutions and SCP…

Private equity firms have spent more than a decade building physician practice management platforms in specialties such as cardiology, orthopedics, gastroenterology and ophthalmology. The playbook — acquiring a platform practice, adding on regional practices, then exiting within three to five…

At least 25 states have proposed or enacted laws restricting private equity’s involvement in healthcare, according to an Aug. 25 report from Stateline.  The regulatory push appears to be having an effect, with the number of private equity-involved healthcare deals…

Statehouses are expected to pick back up private equity oversight in 2027 as most 2026 bills that stalled didn’t fail on the merits, they simply ran out of time before session ended.  Bills that died in committee or fell out…