New Mexico-based Presbyterian Health Services plans to outsource its physician recruitment for its Santa Fe location to Sound Physicians, a private equity-backed staffing firm, the Albuquerque Journal reported Jan. 11.
Transactions + Private Equity
Emergency physicians and consumer advocates across several states are seeking to ban private equity staffing practices, according to a Dec. 27 report from Tennessee Lookout.
Boynton Beach, Fla.-based multispecialty physician group Medical Specialists of the Palm Beaches has secured a private equity investment, the company said Dec. 5.
A total of 245 private equity transactions took place in the third quarter of 2022, a 12 percent increase year over year, according to a report from business intelligence company Irving Levin Associates.
More than half of physician medical group deals involved private equity investors each year from 2017 to 2021, according to VMG Health's Annual Healthcare M&A Report 2022.
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Mays & Schnapp Neurospine and Pain has completed its private equity partnership with Compass Group Equity Partners, with strategic advice coming from Physician Growth Partners.
Orthopedic Care Partners has closed an investment in a state-of-the-art ASC in Wentzville, Miss.
U.S. Orthopaedic Partners, a private equity-backed management services organization, could soon be expanding into Georgia, its third state, according to Rebusiness Online.
Private equity investments have grown in the spine and orthopedic space, with many physicians taking advantage of the opportunities it offers. However, there are also concerns among experts about the long-term viability of taking outside capital.
Private equity-backed U.S. Urology Partners is adding Ormond Beach-based group practice Florida Urology Center.