Private equity is having a mixed impact on the financial strength of orthopedics, according to a July 10 report published by the American Antitrust Institute in partnership with the Petris Center and the Washington Center for Equitable Growth.
Data for the study on private equity acquisitions was collected between 2012 and 2021.
Here are five key things to know about where private equity stands in orthopedics:
1. Orthopedic practices acquired by private equity saw a 7.1 percent increase in physician prices.
2. The private equity penetration rate is lower for orthopedics than many other physician specialties, at 1.9 percent.
3. Orthopedic private equity has a mean market share of 54 percent.
4. Following private equity acquisitions, the expenditure per patient rises about 4 percent at orthopedic practices.
5. Waud Capital Partners has been the largest private equity acquirer of orthopedic practices.