Is private equity really taking over radiology?

Private equity takeovers of physician practices have definitely increased over...Read more on AuntMinnie.comRelated Reading: Why the sizzling radiologist job market will stay hot How to keep your radiology practice independent The case for keeping radiology practices independent How will radiology group consolidation affect patients? The Profit Center: Part 22 -- Radiology in a communal societyComments: 2/24/2020 5:48:08 AMirfellowship2020 “Radiology came in eighth on the list of 21 specialties, with eight practices acquired during the study timeframe.” (2013-2016) "Research is needed to understand the effect of these acquisitions and to mitigate unintended consequences," the group wrote. "Private equity firms expect greater than 20% annual returns, and these financial incentives may conflict with the need for longer-term investments in practice stability, physician recruitment, quality, and safety." No research is needed, the hypotheses in the last sentence have borne out. It’s sad to see but quality, safety, practice stability are not concerns to the PE overlords to the detriment of patient care and physician well-being. 8 also seems like a very low number, maybe PE takeovers increased exponentially after 2016. 2/24/2020 5:49:42 AMECICNIR Yeah most activity I know of is post 2016
Source: AuntMinnie.com Headlines - Category: Radiology Source Type: news