Rise of Private Equity Acquisitions of Outpatient Cardiology Practices | AcademyHealth 2024

Harlan Krumholz, MD, FACC, Editor-in-Chief of JACC and Rishi Wadhera, MD, discuss the impact of private equity in cardiology. Dr. Wadhera highlights the financialization of healthcare and its potential impacts on clinical practices and patient care. The study reveals that from 2013 to 2023, there were 342 acquisitions of cardiology clinics, with 95% occurring between 2021 and 2023, mainly in wealthier communities. Concerns are raised about the potential for increased costs and decreased quality of care due to private equity's profit-driven motives. Despite the risks, it is noted that private equity could also provide essential resources and operational expertise to struggling practices. Emphasis was placed on the need for further research and the closely monitor these acquisitions to understand their full impact.
Related article: www.jacc.org/d...
Expert analysis and key takeaways:
Introduction (00:00)
Paper Background (00:02)
Major Findings (01:43)
'Sea' of Change (02:46)
Effects of Private Equity Acquisitions (04:26)
Important Findings (05:58)
Next Steps (06:42)
Happening in Other Countries (07:36)
Government Regulations or Policies (07:53)
Challenges (08:49)
Team Thank you (09:26)
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