Following private equity firms acquisition of independent physician practices, the workforce composition changes, including through an increase in advanced practice providers.

• In acquired practices, entering clinicians replaced existing clinicians at a higher rate than at non-private equity-acquired practices.
• Of the studied specialties, gastroenterology had the highest clinician replacement rate.
• Replacement rates were higher for physicians under the age of 40 years old than for older physicians.

   

Source: nihcm.org