Payers? Big Tech? Who acquired the most physicians in past 5 years, per AHA

As payers, retailers and Big Tech companies gobble up medical practices, private equity is the type of entity most likely to buy a physician office, the American Hospital Association found.

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Here is who acquired the most physicians from 2019 to 2023, per the June 26 AHA analysis:

1. Private equity: 65 percent

2. Physician medical groups: 14 percent

3. Payers: 11 percent

4. Hospitals and health systems: 8 percent

5. Other: 4 percent

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