closeup of man in suit pointing at nametag Private Equity (Photo; Shutterstock)

A single private equity firm owned more than half of practices in 13% of urban markets in 2021, while in 28% of markets, a single firm held 30% of practices, according to a recent study by the American Antitrust Institute.

“Private equity is like the system on steroids,” Sherry Glied, Ph.D., dean of the Wagner School of Public Service at New York University, told the New York Times. “Every time there’s an opportunity for making money, private equity is going to move faster than everyone else. And consolidation is the way to do that.”

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