Your practice was bought out by private equity: Now what?

After her emergency medicine group was acquired by a staffing firm backed by a large private equity (PE) firm, Michelle Wiener, MD, said the workflow changes came swiftly. Another recent studythat Dr. Zhu coauthored, published in Health Affairs, found that physician practices acquired by PE firms experience greater staff turnover and rely more heavily on advanced practice professionals than doctors. How to prepare for and cope with PE partnerships If your practice is considering a PE partnership, it's important to explore the terms and conditions and carefully weigh the pros and cons, said Gary Herschman, a Newark, N.J.- based attorney who advises PE-owned physician groups. [Extracted from the article]