Partnering with Private Equity: New Boss same as the Old Boss...

drusso

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    The pandemic and the resulting precariousness for small medical practices has many close to collapse. Because of that, distressed organizations see getting underneath the umbrella of a private equity group as their only option. “You see these smaller practices that have been significantly hurt, thinking if they were with a private equity group, they’d be better off,” Frier said. “Actually, that’s just a fallacy.”
     

    AdminPatient

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    May 9, 2020
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      Work for Wolves of Wall Street or Work for Fat/40/RN-MBA Nurse Admin?


      The pandemic and the resulting precariousness for small medical practices has many close to collapse. Because of that, distressed organizations see getting underneath the umbrella of a private equity group as their only option. “You see these smaller practices that have been significantly hurt, thinking if they were with a private equity group, they’d be better off,” Frier said. “Actually, that’s just a fallacy.”

      longish article and tangential to your post but this is an interesting read. In my market, these private equity backed medical groups have been the least forgiving to their physicians during Covid.

       
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