Practice Management

Half of private equity-owned physician practices are resold within 3 years

April 19, 2024 - More than half of private equity-acquired physician practices underwent an exit within three years of acquisition, with most practices being resold to other private equity firms, according to a study published in Health Affairs Scholar. When private equity firms acquire physician practices or other healthcare organizations, the intended end goal is...


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About 1 in 5 healthcare bankruptcies in 2023 owned by PE firms

by Jacqueline LaPointe

A new report reveals a record year for healthcare bankruptcies as more private equity-owned companies filed for bankruptcy in 2023. There were approximately 80 healthcare bankruptcies last year,...

Why keeping private practices independent is vital

by Jacqueline LaPointe

What happens when one of the market’s most prominent players comes knocking at your practice’s door? For many physicians in private practices, it means merging with the hospital or health system, whether to stay competitive in...

Tax breaks higher than community investments for most non-profit hospitals

by Victoria Bailey

More than 1,900 non-profit hospitals received more in tax breaks than they spent on community investments and financial assistance, according to an analysis from the Lown Institute. The Lown Institute...

PE Practice Ownership Raises Concerns About Competition

by Jacqueline LaPointe

It is well known that private equity (PE) firms have invested heavily in physician practices, but a new study sheds light on how these practice acquisitions could impact competition in many areas. The...

January Hospital Margins Dip, But Overall Finances Remain Stable

by Victoria Bailey

Hospital margins in January were down slightly from December 2023, but finances are more stable compared to previous years, according to a report from Kaufman Hall. The latest edition of the National...

Non-Profit Health Systems Need Positive Margins

by Jacqueline LaPointe

Non-profit health systems receive a lot of scrutiny because of their tax status, with some critics accusing systems of valuing revenue over patient care. However, a new report from Deloitte makes the...

2023 Healthcare Bankruptcies Reached Highest Level in 5 Years

by Victoria Bailey

The number of healthcare bankruptcies in 2023 increased 71 percent from 2022, reaching the highest level in the last five years, a report from Gibbins Advisors revealed. The report analyzed healthcare...

Hospital Finances Approach Pre-Pandemic Levels

by Jacqueline LaPointe

Hospital financial performance is getting back on track after organizations faced the toughest year since the beginning of the COVID-19 pandemic, according to new data from Kaufman Hall and Syntellis...

How to Adapt as Healthcare Workforce Management Shifts

by Jacqueline LaPointe

There’s a significant workforce crisis in healthcare right now, according to Sarah Nosal, MD, FAAFP, a family physician and a member of the board of directors at the American Academy of Family Physicians (AAFP). Nosal, who also...

Steward Health Care Faces Financial Troubles, Possible Closures

by Jacqueline LaPointe

Steward Health Care, a for-profit health system headquartered in Dallas, Texas, is facing grave financial troubles, which may create ripples across the country. The Boston Globe reported on Jan. 19th...

Hospital Finances Show Signs of Recovery as Revenues Rise

by Victoria Bailey

Hospital finances are showing signs of recovery as margins continue to be positive and revenues are up from prior years, according to data from Kaufman Hall. The National Hospital Flash Report...

Private Equity Acquisition Tied to More Hospital-Acquired Conditions

by Victoria Bailey

Private equity acquisition of hospitals was associated with an increase in hospital-acquired conditions, including falls and central line-associated bloodstream infections, a study published in JAMA...

Medical Groups Faced High Expenses, Staffing Challenges in 2023

by Victoria Bailey

Medical groups had a rocky 2023 as expenses outpaced revenue and staffing shortages continued, a survey from the American Medical Group Association (AMGA) revealed. The 2023 AMGA Medical Group...

Care Quality, Physician Autonomy Lower at Corporate-Owned Practices

by Victoria Bailey

Changes in physician practice ownership resulted in lower patient care quality and poorer patient-provider relationships, according to a survey from NORC at the University of Chicago, commissioned by...

Optum Faces Allegations of Anti-Competitive Practices from CA Health System

by Victoria Bailey

California-based health system Emanate Health has filed a lawsuit alleging that UnitedHealth Group’s Optum violated antitrust laws and engaged in anti-competitive practices regarding physician...

Hospital Outpatient Revenue Growth Contributes to Positive Margins

by Victoria Bailey

Hospital outpatient revenue is growing as patients seek healthcare services in less expensive settings, a performance trends report from Strata Decision Technology and Syntellis Performance Solutions...

Overcoming the Barriers to AI Adoption in Revenue Cycle Management

by Jacqueline LaPointe

About a third of hospital financial leaders have never used automation in revenue cycle operations. Nearly two-thirds of hospitals haven’t automated any part of claims denial management. And approximately a third of prior...

Henry Ford, Ascension Michigan to Form Joint Venture

by Jacqueline LaPointe

Henry Ford Health System and Ascension Michigan have signed an agreement to enter a joint venture that would bring together Ascension’s southeast Michigan and Genesys healthcare facilities and...