On Oct. 8, the Private Equity Stakeholder Project, a private equity watchdog organization, released a new research brief, “Private Equity in Ambulatory Surgery Centers.” The report covers the expansion of private equity firms into the ASC sector, which it values…
Private Equity
The ASC market is reentering a phase of aggressive private equity activity as capital flow resumes and buyers target scale in strategic geographies. In just the past six months, multiple PE-linked ASC moves have been tracked, including Great Hill Partners’…
Several states have either adopted or proposed new private equity laws that could have significant impacts on mergers and acquisitions in the ASC space. 1. A bill currently awaiting final approval by California Governor Gavin Newsom would strengthen the state’s…
A bill that would strengthen California’s ban on the corporate practice of medicine and address the growing influence of private equity in healthcare has passed out of the state’s legislature and is headed to Gov. Gavin Newsom’s desk for final…
The recent collapse of two private equity-backed healthcare companies — Los Angeles-based Prospect Medical Holdings and Dallas-based Steward Healthcare — have resulted in significant pushback on PE involvement in healthcare from individual states, Quartz reported July 17. Here are six…
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As private equity continues to make its mark on the ASC landscape, many in the industry are questioning the sustainability, and motivations, behind its rapid expansion. Allyn Wilcock, CRNA, owner of Snoqualmie, Wash.-based Advanced Anesthesia Services and Northwest Healing and…
Private equity may bring capital, scale and infrastructure to physician groups, but it can’t replace physician control. Without buy-in from physicians, even the most well-funded deal can unravel. During the session “What Physicians Should Know Before Selling to Private Equity”…
No matter how enticing the payout, private equity can’t buy physician alignment, and many leaders feel that’s a make-or-break factor in any deal. During the session “What Physicians Should Know Before Selling to Private Equity” at the 22nd Annual Spine,…
A number of legislative developments and new data points to a shift in private equity activity, especially in the area of physician practice acquisitions. Here are three recent updates on the changing regulatory and business landscape surrounding private equity in…
The Pennsylvania House of Representatives has passed legislation that would give the state’s attorney general more authority to review and potentially block healthcare mergers and acquisitions. The bill would also prohibit healthcare sale-leaseback arrangements by private equity firms and require…