More than 20% of the healthcare bankruptcies in 2023 were by private equity-backed companies, according to a new report from the Private Equity Stakeholder Project.
Private Equity
Private equity firms spent $206 billion on healthcare ventures in 2022, according to a report by AMN Healthcare. That amount of cash flow has the potential to influence the ASC industry in a major way.
Audax Private Debt, a debt capital partner for middle market companies headquartered in New York City, was the most active North America-based lender in the healthcare sector in 2023, accounting for 58 transactions, according to a report by market research company…
Private equity has been under the microscope recently as its role in healthcare is being questioned by federal agencies and physicians alike.
More than 60% of physicians feel negatively about private equity's role in healthcare, MedPage Today reported March 11.
Advertisement
Private equity's presence in healthcare is changing, and ASCs can benefit from knowing how the financial players operate.
Private equity has a hand in nearly every area of healthcare, but its presence in each sector varies.
Private equity transactions in healthcare saw an estimated 16.2% year-over-year decline in 2023, according to PitchBook's 2023 "Healthcare Services Report," published Feb. 8.
Private equity has solidified its place in the healthcare sector.
Alternative asset management firm TPG made a strategic investment in Compass Surgical Partners.