Private Equity Firms Acquire 342 Cardiology Clinics from 2013 to 2023: Study

Private equity firms have been rapidly acquiring cardiology clinics in the United States, with a staggering 342 clinics being bought between 2013 and 2023. A recent study published in the Journal of the American College of Cardiology sheds light on this trend, revealing that 94.7 percent of these acquisitions took place in the last two years.

Led by Dr. Victoria L. Bartlett from the Beth Israel Deaconess Medical Center in Boston, the study found that there was a significant increase in the number of clinic sites acquired per year, with 215 clinics being bought in 2023 alone. Interestingly, the research also showed that cardiology clinics in the South and West were more likely to be acquired compared to those in the Northeast.

The implications of these acquisitions are profound, as the authors point out the importance of monitoring the effects on procedural utilization, quality, and outcomes for patients with cardiovascular disease. As private equity firms continue to invest in cardiology practices, it will be crucial to ensure that patient care remains a top priority.

For more information on this study and the AcademyHealth 2024 Annual Research Meeting, where the findings were presented, you can access the full text of the study and editorial through the links provided. Stay tuned for further developments in the evolving landscape of cardiology clinic ownership.