Private Equity Acquisition of Physician Practices
Authors: Lawrence P. Casalino, Rayhan Saiani, Sami Bhidya, Dhruv Khullar, Eloise O'Donnell
Journal: Annals of Internal Medicine (2019)

Letters2 July 2019Private Equity Acquisition of Physician PracticesLawrence P. Casalino, MD, PhD, Rayhan Saiani, MD, Sami Bhidya, MS, Dhruv Khullar, MD, MPP, and Eloise O'Donnell, MPHLawrence P. Casalino, MD, PhDWeill Cornell Medicine and New York Presbyterian Hospital, New York, New York (L.P.C., R.S., S.B., D.K., E.O.), Rayhan Saiani, MDWeill Cornell Medicine and New York Presbyterian Hospital, New York, New York (L.P.C., R.S., S.B., D.K., E.O.), Sami Bhidya, MSWeill Cornell Medicine and New York Presbyterian Hospital, New York, New York (L.P.C., R.S., S.B., D.K., E.O.), Dhruv Khullar, MD, MPPWeill Cornell Medicine and New York Presbyterian Hospital, New York, New York (L.P.C., R.S., S.B., D.K., E.O.), and Eloise O'Donnell, MPHWeill Cornell Medicine and New York Presbyterian Hospital, New York, New York (L.P.C., R.S., S.B., D.K., E.O.)Author, Article, and Disclosure Informationhttps://doi.org/10.7326/L19-0256 SectionsAboutFull TextPDF ToolsAdd to favoritesDownload CitationsTrack CitationsPermissions ShareFacebookTwitterLinkedInRedditEmail IN RESPONSE:We agree with Dr. Konda and colleagues that acquisition of physician practices by private equity firms is an important new phenomenon. However, the effects of acquisition on patients, physicians, and staff—and, more generally, on the cost and quality of health care—are not yet clear. These effects may well vary by the practice and the private equity firm. All of the interviewees with whom we spoke stated that private equity firms differ from each other. Further qualitative and quantitative research is needed before we draw conclusions about what effects private equity acquisitions will have on medical practice and patient ... Author, Article, and Disclosure InformationAffiliations: Weill Cornell Medicine and New York Presbyterian Hospital, New York, New York (L.P.C., R.S., S.B., D.K., E.O.)Disclaimer: Dr. Casalino is a member of the American Medical Association Advisory Committee on Professional Satisfaction and Practice Sustainability.Financial Support: By Physicians Foundation Center for the Study of Physician Practice and Leadership at Weill Cornell Medicine.Disclosures: Disclosures can be viewed at www.acponline.org/authors/icmje/ConflictOfInterestForms.do?msNum=M18-2363. PreviousarticleNextarticle Advertisement FiguresReferencesRelatedDetailsSee AlsoPrivate Equity Acquisition of Physician Practices Lawrence P. Casalino , Rayhan Saiani , Sami Bhidya , Dhruv Khullar , and Eloise O'Donnell Private Equity Acquisition of Physician Practices Sailesh Konda , Joseph Francis , Kiran Motaparthi , and Jane M. Grant-Kels Metrics Cited byShould surgeons consider partnering with private equity investors?Comparative Performance of Private Equity–Owned US Nursing Homes During the COVID-19 PandemicPower and Purchasing: Why Strategic Purchasing FailsThe Corporate Practice of MedicineThe Blitzkrieg Acquisition of Medical Practices by Private EquityPrivate Equity Acquisitions of Physician Medical Groups Across Specialties, 2013-2016 2 July 2019Volume 171, Issue 1Page: 78KeywordsDisclosure ePublished: 2 July 2019 Issue Published: 2 July 2019 Copyright & PermissionsCopyright © 2019 by American College of Physicians. All Rights Reserved.PDF downloadLoading ...