Gary W. Herschman, Member of the Firm in the Health Care & Life Sciences practice, in the firm’s Newark office, was quoted in Modern Healthcare, in “Specialty Physician Groups Attracting Private Equity Investment,” by Harris Meyer. (Read the full version – subscription required.)
Following is an excerpt:
The rapid proliferation of private equity deals has raised alarms about whether investor ownership of physician practices will affect healthcare costs and quality. …
But today’s environment and deals are sharply different from the ’90s in key ways, private equity investors and consultants say. “Everyone is positioning for value-based payment initiatives and population health, and smaller medical groups see they need capital and expertise to succeed in that,” said Gary Herschman, an attorney at Epstein Becker & Green who advises clients in these transactions.