More orthopedic physicians sell out to private equity firms, raising alarms about costs and quality – WABE
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Dr. Paul Jeffords and his colleagues at Atlanta-based Resurgens Orthopaedics were worried about their ability to survive financially, even though their independent orthopedic practice was the largest in Georgia, with
It means higher prices for patients, more unnecessary surgery, and less access to care for patients on Medicaid or those who are uninsured or underinsured.
Orthopedic surgeons, long seen as fiercely independent, are rapidly catching up with other specialist physicians in selling control of their practices to private equity investment firms.
While some doctors seem eager for a huge payoff, others are warily watching what happens when private equity firms take charge of orthopedic practices.