Private Equity

As the healthcare market becomes increasingly competitive, whether due to staffing competition, rising labor and supply costs or economic pressures, many practices are partnering with larger entities, including private equity firms.

In June, U.S. Senators Elizabeth Warren and Ed Markey of Massachusetts introduced legislation targeting "corporate greed and private equity abuse" in the healthcare industry. 

Lawmakers in California are considering a bill that would create additional oversight for private equity companies attempting to purchase healthcare facilities, including ASCs.  

CVS Health is looking for private equity firms to help fund Oak Street Health's expansion and addition of new clinics, Bloomberg reported May 23. 

Private equity's interest in healthcare has boomed in recent years, and it remained a formidable force in the industry in 2023.

Here are 10 major private equity companies with hands in the ASC industry:

Private equity has been in the hot seat as its involvement in healthcare has been scrutinized by both federal agencies and physicians.

Here are five recent updates on private equity that Becker's has reported on in the last month:

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 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.