Here are the top 10 private equity deals by the value of physician practices between 2012 and 2021, according to data from the American Antitrust Institute's report "Monetizing Medicine: Private Equity and Competition in Physician Practice Markets":
Target physician firm |
Year |
Deal value in $M |
Private equity firm |
Envision Healthcare |
2018 |
9,900 |
Kohlberg Kravis Roberts |
Team Health Holdings |
2017 |
6,100 |
Blackstone |
LifePoint Health |
2018 |
5,600 |
Apollo Global Management |
LifePoint Health |
2021 |
2,600 |
Apollo Global Management |
Cincinnati Eye Institute |
2021 |
600 |
Eyecare Partners |
Ardent Health Services |
2015 |
475 |
Equity Group Investments |
Forefront Dermatology |
2016 |
450 |
OMERS Private Equity |
US Dermatology Partners |
2016 |
323 |
ABRY Partners |
US Anesthesia Partners Florida |
2017 |
61 |
Berkshire Partners Heritage Group; U.S. Anesthesia Partners; Welsh, Carson, Anderson & Stowe |
Dermatology and Skin Surgery Center |
2017 |
51 |
Dermatologists of Central States; Sheridan Capital Partners |