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Private Equity has been making big plays in Ophthalmology for the last several years- But PE's aren't just big news in the eye world, they're also making big gains with medical practices in general.
Here's a link to a good article about private equity and medicine https://www.healthleadersmedia.com/finance/private-equity-purchasing-more-physician-practices
In summary, the article points out that PE groups typically look for majority ownership opportunities and pay out over $1M per physician. The article refers to a study that found independent private practices are "rapidly disappearing". The article goes on to note the rise of the "corporatization of medicine."