The ongoing transformation of traditional healthcare — including the adoption of value-based and/or retail models — has compelled providers to restructure practice locations, medical affiliations and processes in order to maintain profitability without ceding market share, care quality or convenience.
With larger healthcare systems acquiring physicians’ groups and onboarding personnel as salaried employees, many enterprising physicians/entrepreneurs have instead sought to join forces with or have launched smaller, more specialized outpatient practices covering the likes of vein care, dermatology, physical therapy, urgent care and other treatments. By allowing providers to maintain their independence while leveraging specialization, these models are expected to gain momentum in the years to come.
Many segments have already piqued the interest of private equity and other strategic investors. In the first of a multipart Executive Insights series on outpatient opportunities, we look into current outpatient trends and, based on L.E.K. Consulting’s work within the field, highlight a number of “hot topic” practices that come up for discussion frequently.