Most physicians down on private equity in healthcare; Shruti Gurudanti, Rose Law Group partner and director of corporate transactions, comments

By Michael DePeau-Wilson, Enterprise & Investigative Writer, MedPage

Most physicians have negative views of private equity involvement in healthcare, according to a survey of internal medicine physicians.

Among the 525 physicians who responded, 60.8% viewed private equity involvement negatively, Ryan Crowley, BSJ, of the American College of Physicians (ACP), and colleagues reported in JAMA Internal Medicineopens in a new tab or window.

Only 10.5% viewed private equity involvement in healthcare as positive, and 28.8% were neutral, the authors noted.

A subset of respondents who were employed by private equity were less likely to report high professional satisfaction (being “extremely” or “somewhat” satisfied) compared with doctors who didn’t work for private equity-owned clinics (44.8% vs 74.4%), Crowley and colleagues reported.

They also reported having less autonomy (48.3% vs 66.3%), the researchers found.

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“Physician groups contemplating a sale of their practice to private equity should thoroughly evaluate how this decision might impact their operational independence.” -Shruti Gurudanti, Rose Law Group partner and director of corporate transactions, comments