Private Equity - How to drive medical practice into the ground in 5 years.

[rexed]

So who are the winners? Someone always makes out with the money and someone else is always left holding the bag. Would these entities/practices have eventually gone bankrupt without their help?

From private equity to bankruptcy: Envision's last 5 years

Envision Healthcare, a physician services company and ambulatory surgery center operator, has filed for bankruptcy five years after it was acquired by a private equity company.

www.beckershospitalreview.com

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[MitchLevi]

25+ yo small private practice near me. Bought by PE. Fired the guy who built the practice. They're going under as we speak. PE came in and F'd with everything and they're closing their doors. I have refused all refugees from that clinic.

 

[rexed]

25+ yo small private practice near me. Bought by PE. Fired the guy who built the practice. They're going under as we speak. PE came in and F'd with everything and they're closing their doors. I have refused all refugees from that clinic.

Just curious if you are willing to share the name of the PE group?

 

[MitchLevi]

Just curious if you are willing to share the name of the PE group?

Don't know the name of the PE group.