Cardiology Private Equity – Market Update

Cardiology is one of the newer sectors seeing interest from private equity and activity is ramping up. We have seen seven new organizations enter this market over the last two years with four coming online during the last 12 months.

There is no question that cardiology is in the infancy stage of a significant consolidation wave similar that seen before in dermatology or gastroenterology. While cardiology is much newer from a consolidation standpoint, the tailwinds are unmatched.

• Significant procedure flow moving from hospital-based to physician-owned settings
• Hospital employment agreements with previously acquired Cardiologists are expiring rapidly
• Enhanced Medicare reimbursement for value-based initiatives such as Chronic Care Management and Remote Patient Monitoring

Early movers have opportunities to select some of the best PE partners and get a head start consolidating regionally.

Recent Private Equity Transactions in Cardiology

About Our Firm

Physician Growth Partners (PGP) is a transaction advisory firm that represents independent physician groups in transactions with private equity

We are differentiated Healthcare Transaction Advisors who provide:

• Senior partner involvement at every stage of the process
• Extensive physician practice transaction experience
• Unmatched relationships with all key private equity and strategic buyers interested in cardiology
• Educational approach focusing on both partnership and cultural fit, while simultaneously achieving a market-clearing valuation