Private Equity Acquisition of Physician Practices
Authors: Sailesh Konda, Joseph Francis, Kiran Motaparthi, Jane M. Grant-Kels
Journal: Annals of Internal Medicine (2019)

Letters2 July 2019Private Equity Acquisition of Physician PracticesSailesh Konda, MD, Joseph Francis, MD, Kiran Motaparthi, MD, and Jane M. Grant-Kels, MDSailesh Konda, MDUniversity of Florida College of Medicine, Gainesville, Florida (S.K., J.F., K.M.), Joseph Francis, MDUniversity of Florida College of Medicine, Gainesville, Florida (S.K., J.F., K.M.), Kiran Motaparthi, MDUniversity of Florida College of Medicine, Gainesville, Florida (S.K., J.F., K.M.), and Jane M. Grant-Kels, MDUniversity of Connecticut School of Medicine, Farmington, Connecticut (J.M.G.)Author, Article, and Disclosure Informationhttps://doi.org/10.7326/L19-0255 SectionsAboutFull TextPDF ToolsAdd to favoritesDownload CitationsTrack CitationsPermissions ShareFacebookTwitterLinkedInRedditEmail TO THE EDITOR:We read Casalino and colleagues' commentary (1) examining the recent trend of acquisition of physician practices by private equity firms with interest. We agree that dermatology has been a major focus for these firms because our specialty has experienced rapid private equity–backed consolidation over the past several years. More than one half of the executives and management teams surveyed at the 2018 Health Care Services Private Equity Symposium noted that dermatology was drawing the most transaction attention that year (2). Casalino and colleagues also correctly state that this phenomenon has received little attention from researchers in the ...References1. Casalino LP, Saiani R, Bhidya S, et al; Private equity acquisition of physician practices. Ann Intern Med.. 2019. [PMID: 30615785] doi:10.7326/M18-2363 LinkGoogle Scholar2. 2018 Health Care Services Private Equity Symposium. 2018. Accessed at www.scribd.com/document/411368815/2018-Health-Care-Services-Private-Equity-Symposium on 24 May 2019 Google Scholar3. Bundy C. The Dermatology Market: A Tidal Wave of Private Equity Investment. Practical Dermatology. Wayne, PA: Bryn Mawr Communications; 2018. Accessed at http://practicaldermatology.com/2018/09/the-dermatology-market-a-tidal-wave-of-private-equity-investment on 23 January 2019. Google Scholar4. Nataloni R. Acquisition trends: consolidation in dermatology. The Dermatologist. 2016. Accessed at www.the-dermatologist.com/content/acquisition-trends-consolidation-dermatology on 23 January 2019. Google Scholar5. Konda S, Francis J, Motaparthi K, et al; Group for Research of Corporatization and Private Equity in Dermatology.. Future considerations for clinical dermatology in the setting of 21st century American policy reform: corporatization and the rise of private equity in dermatology. J Am Acad Dermatol. 2018. [PMID: 30296541] doi:10.1016/j.jaad.2018.09.052 CrossrefMedlineGoogle Scholar Author, Article, and Disclosure InformationAffiliations: University of Florida College of Medicine, Gainesville, Florida (S.K., J.F., K.M.)University of Connecticut School of Medicine, Farmington, Connecticut (J.M.G.)Disclaimer: Dr. Grant-Kels is Vice President–Elect of the American Academy of Dermatology. However, she coauthored this comment as a dermatologist and not as a representative of the American Academy of Dermatology.Disclosures: Authors have disclosed no conflicts of interest. Forms can be viewed at www.acponline.org/authors/icmje/ConflictOfInterestForms.do?msNum=L19-0255. 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 Lawrence P. Casalino , Rayhan Saiani , Sami Bhidya , Dhruv Khullar , and Eloise O'Donnell Metrics Cited byRecent Trends in Private Equity Acquisition of Orthopaedic Practices in the United StatesAssociation Between Hospital Private Equity Acquisition and Outcomes of Acute Medical Conditions Among Medicare BeneficiariesWhat Is the Potential Impact of Private Equity Acquisitions Regarding Plastic Surgery Practices?Private Equity Investments In Health Care: An Overview Of Hospital And Health System Leveraged Buyouts, 2003–17 2 July 2019Volume 171, Issue 1Page: 77-78KeywordsConflicts of interestDermatologyHealth careHealth care qualityHealth surveysMedical servicesMedicarePatientsQuality of lifeResidency ePublished: 2 July 2019 Issue Published: 2 July 2019 Copyright & PermissionsCopyright © 2019 by American College of Physicians. All Rights Reserved.PDF downloadLoading ...