Over the past decade, the consolidation of medicine by business entities has become increasingly commonplace, writes Dr. Robert Weinstock for CRSToday. Hospital-based systems and insurance companies have rapidly absorbed primary care specialties and other hospital-based subspecialties. In recent years, many outpatient surgical subspecialties with physician-owned ambulatory surgery centers and privately owned practices have partnered with or sold to private sector companies backed by private equity funding. In ophthalmology, there has been a similar escalating process with rapid consolidation, but a relatively small number of practices have chosen to go in this direction with regard to PE.
“I recently went through the process in our practice and have watched colleagues and friends evaluate it as well,” Weinstock writes. “It is increasingly obvious how complicated and challenging it is to navigate the intricacies of these large corporations and ultimately make such a profound decision.” Read more.
The Evolving Landscape of Private Equity in Ophthalmology
