Setting the Record Straight: Private Equity and Health Insurers Acquire More Physicians than Hospitals Infographic. Hospitals not among the three largest drivers of physician acquisitions. Percentage of acquired physicians by type, 2019-2023. Private equity: 65%; Physician Medical Groups: 14%; Health Insurers: 11%; Hospitals and Health Systems: 6%; Other Services: 4%.

Setting the Record Straight: Private Equity and Health Insurers Acquire More Physicians than Hospitals Infographic

Setting the Record Straight: Private Equity and Health Insurers Acquire More Physicians than Hospitals Infographic. Hospitals not among the three largest drivers of physician acquisitions. Percentage of acquired physicians by type, 2019-2023. Private equity: 65%; Physician Medical Groups: 14%; Health Insurers: 11%; Hospitals and Health Systems: 6%; Other Services: 4%. Source: AHA analysis of LevinPro HG, Levin Associates, 2023, June, levinassociates.com. Only includes values for deals where the number of acquired physicians was reported. Certain acquirer types were also modified to more closely align with the services provided by the acquirer.

Download the Infographic PDF

Key Resources

Related Resources

Letter/Comment
AHA Response to Employee Retirement Income Security Act (ERISA) RFI
Public
Testimony
AHA Statement on “Health Care Spending in the United States: Unsustainable for Patients, Employers, and Taxpayers”
Public
Guides/Reports
Analysis: Hospitals and Health Systems Are Critical to Preserving Access to Care for Rural Communities
Public
AHA Center for Health Innovation Market Scan
4 Takeaways on General Catalyst’s Plan to Acquire Summa Health
Letter/Comment
AHA Urges Congress to Eliminate Medicaid DSH Cuts, Reject Site-neutral Payments
Public
Infographics
Infographic: Medicare Significantly Underpays Hospitals for Cost of Patient Care
Public