I don't know what they currently make.
Regretfully, I dont have an insiders view to speak with authority, or crystal ball to forecast with accuracy.
Private equity has been sort of a hate love relationship I've seen in others closer to it, with pros and cons like any opportunity.
The pros are is you will have as steady of a job there is and won't have to worry about taking a hit in a recession and seemingly never ending pandemic that has dealt blow after blow to smaller independent groups which are becoming more rare and rare because they cannot survive the increasing regulations and downward pressure of reimbursement and ever increasing supply, labor costs, and overhead, nor the never ending renegotiations with payors, that your alliance can stand firm in the face of payors and leverage reimbursement rates. Because you are dealing with a behemoth, you know the deal you are being offered is the same one to the other 530 GI grads this year.
The cons are a sizeable chunk of your salary gets diverted if you want any meaningful holdings/shares. Hopefully it won't sell off while you are still investing. (See gastrohealth last year that sold off after 5 years for over 900 million dollars. I'm not so sure about those first year attendings who shaved off a big portion of starting salary to get some of action but unclear if they were vested or not a time of the second bite). It still has private equity backing whose only goal is to maximize return of investment. And if that means using a loaner scope that won't retroflex because its cheaper to use a third party vendor that salvages parts instead of Olympus to fix a dud scope.
None of this is specific to gi alliance at all, which I am not referencing here because it'll happen at the employed hospital position or wherever you are, but just highly recommend really intense soul searching and probe as deep and wide as you can with current GIs there. No rural practice is immune to P.E. advances, as acquisitions are only intensifying. If you time it right, could be a big payoff.
Will Maud Capital sell off it's interest as well and if so how soon? 2023 would be 5 years. I don't have a positive or negative view of it all, more of an agnostic view. Wish could be of more help, but If do more digging you'll get the answers you're looking for. Good luck.
