Archive 2023-182: Private Equity-Sponsored Healthcare Transactions and the Physician Services Landscape

Private Equity Sponsored Healthcare Transactions and the Physician Services Landscape
Speakers: Aaron Murski, CVA and Jonathan Helm, CVA

Private equity as an asset class has long been invested in healthcare, and in increasing measures over the past decade. This webinar presents a thorough description of the private equity market and its drivers as well as the physician services landscape. Typical structures and components of private equity sponsored physician services transactions will be discussed, and in particular how this compares to traditional acquirers and their acquisitions of medical groups. After identifying the various components of a physician services transaction, valuation pitfalls and issues will be presented.

Learning Objectives:
In this presentation, the participant will learn:

• The drivers of the private equity transaction market and the implications for the future of private equity sponsored healthcare transactions.
• How to analyze the historical trends in the physician services landscape and factors influencing practice economics.
• The key differentiating factors between traditional health system acquisitions of physician services and a typical private equity sponsored transaction model.
• The basic structures and components of a private equity sponsored physician services transaction.
• The valuation issues and pitfalls related to the structure of physician services transactions.

Handouts