PwC: Fewer Hospitals Acquiring Physician Groups

In 2011, hospitals and health systems accounted for more than half of all physician practice acquisition deals — but by 2013 they only accounted for 14 percent, according to new analysis by PwC.

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Physician practice management companies are ramping up their physician practice deals. In the first quarter of 2014, management companies accounted for all nine of the reported physician practice deals.

“The current trend of physician practice acquisitions by physician practice management companies is expected to continue in the near term as specialty-based physician groups look for ways to respond to reimbursement changes and higher regulatory costs of maintaining their practices,” according to a PwC news release.

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