Magnetic Ventures Looks to Raise $100M for Health Tech Fund

The landscape of ASC ownership is changing. Nonphysician investors, such as hospitals and private equity groups, are pursuing ownership or partnership with ASC physician owners and recognize this valuable business model.

According to a recent report by Bain & Co., nontraditional players are expected to own a third of the primary care market by 2030. These nontraditional participants include retailers, payor-owned providers, advanced primary care disruptors, and concierge providers. 

In recent months, three of the nation’s largest retailers have stirred up a frenzy on Wall Street with a string of high-profile healthcare deals.

If you are a dentist who attributes 20% or more of your revenue to implants and over $1.5M in total revenue, you have one of the most valuable practices in America today. This was not the case a year ago.