Practice-buying will slow in 2015 — but some markets will keep booming

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Note:  The following article synopsis was NOT provided by HCPro. It was created by Find-A-Code/innoviHealth.

Article Overview

This article explains how physician practice acquisition activity was expected to change in 2015 and why some markets and specialties remained attractive to buyers. It is aimed at physicians, practice owners, healthcare executives, and advisors who want a high-level view of practice consolidation trends, buyer strategies, and seller preparation topics. The discussion covers regional buying patterns, hospital and health system activity, private equity interest, physician reactions to employment and contract arrangements, and general considerations for practices preparing for a transaction.

Why This Topic Matters

Practice sale and acquisition trends affect physician ownership, referral patterns, employment relationships, and negotiating leverage. Understanding which markets and practice types attract buyers can help stakeholders assess timing, positioning, and readiness for future transactions.

Article Sections

  1. Buying history, region matter

    Discusses how prior acquisition activity and local market fragmentation can influence buyer interest and availability of practices. It also notes how buyers may approach practice value and performance expectations.

  2. What’s selling: PCP, ancillaries

    Covers the kinds of practices and services that are drawing attention from buyers, including broader group structures and ancillary service lines. The section also addresses how different buyer strategies may shape what parts of a practice are targeted.

  3. Private equity companies look to buy

    Describes the growing role of private equity and other nontraditional buyers in physician practice acquisition activity. It highlights specialty areas and partnership models that may become more prominent.

  4. Doctors have a say

    Explains how physician partners and employed doctors may react to ownership changes and contract reviews. The section also reflects on physician resistance and shifts back toward private practice.

  5. Tips for would-be sellers

    Outlines general preparation themes for practices considering a sale or partnership, including operational readiness, advisor involvement, and buyer-facing presentation. It also touches on leasing arrangements and renewal considerations.

What You Will Learn

  • How physician practice acquisition patterns were expected to vary by region and market maturity
  • Which broad practice types and service lines were drawing buyer interest
  • How private equity and payer-provider arrangements were changing the buyer landscape
  • Why physician contract issues and partner reactions can affect transactions
  • What general preparation themes sellers should consider before engaging buyers

Who Should Read This

  • Physician practice owners
  • Healthcare executives
  • Practice managers
  • Health care attorneys
  • Transactional advisors
  • Medical group administrators

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