The “Review of Physician and Advanced Practitioner Recruiting Incentives” report for 2023, published July 24, gathered data based on contracts or incentive packages used by hospitals, medical groups and other facilities in real-world recruiting engagements. For its private equity data, the report cited information from the Physicians Advisory Institute and Kaiser Health News.
Here are three things to know about private equity’s effect on healthcare recently:
• The number of corporate-owned physician practices increased by 86 percent between 2019 and 2022.
• Private equity firms have invested $1 trillion on 8,000 healthcare acquisitions in the last 10 years.
• The majority of those acquisitions were of specialty groups including gastroenterology, dermatology and urology, which are considered high-revenue-generating groups.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.