Exploring Consolidation and Private Equity Investment in Physician Practice Management

In this episode of BRight Minds in Healthcare Delivery, host Eric Tower interviews Robert Aprill, a partner at Physician Growth Partners. They discuss consolidation in the healthcare industry and how physician consolidation can create value for investors, owners, physicians, patients, and payers. Eric and Robert examine private equity (“PE”) investment in physician services, including various models, how PE investment can assist physician practices in entering new areas such as value-based care or clinical research, and attributes of physician practices that attract PE investment. They also address challenges such as the increased complexity of structuring transactions to ensure long-term success for physicians, patients, and communities.

In his role at Physician Growth Partners, Robert advises founder and provider owned businesses in the healthcare services industry as they prepare for and ultimately pursue a transaction. He specializes in providing transaction advisory services across a wide range of provider-based sectors including physician practice management and behavioral health services. Robert’s work focuses on understanding the transactional goals of a business and its’ owners and managing a customized, client-focused process that delivers an exceptional result. Prior to Physician Growth Partners, Robert started his career as a healthcare investment banker, specializing in advising business owners through transactions with private equity and strategic acquirers.