Independent Physician Practices: Sell, Consolidate, or Stay Put?
Independent Physician Practices: Sell, Consolidate, or Stay Put? With more than 40 years of working in the healthcare industry, I have seen health systems buy practices and divest of them over two or three cycles. Private equity firms come in and consolidation happens. This is often touted as the end of the private practice. Currently, these transactions seem to be even more intense due to the high cost of technology, staffing and other general operating costs. There are also concerns…