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Myth #5: Private Equity Forces Medical Groups to Cut Corners on Patient Care

“As private equity firms make it rain on healthcare companies, some in the industry worry that patients will pay the price.” So begins a recent Modern Healthcare article on private equity’s entry into areas including Ophthalmology, physician staffing services, and

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Myth Number 4

Myth #4: Private Equity Is Driving the Overuse of PAs and NPs

PE-backed group practices are hiring nurse practitioners (NPs) and physician assistants (PAs)—but so is every other type of dermatological practice. According to the 2018 American Academy of Dermatology Association Member Profile, nearly half of all Dermatologists employ a PA or

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PRIVATE EQUITY DERMATOLOGY

Myth #3: Private Equity Is a Threat to the Independent Practice of Dermatology

This myth is more a trick of perspective than anything else. If you asked the owner of a Dermatology practice “what’s the biggest threat to your practice?” you’d likely hear about the stress of working two full-time, high pressure jobs—being

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Dermatology Myth

Myth #2: Private Equity Dictates How I Practice

One myth around private equity in Dermatology is that the PE backers will want to tell Dermatologists how to practice medicine—which services they should push, which equipment they can use, how many PAs or NPs they should employ. For the

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Myth #1: Private Equity Calls the Shots

After reading another diatribe about private equity (PE) in Dermatology, I decided to tackle head on some of the wildest myths I’ve heard. And while I can’t speak to all private equity-backed group practices, I can speak to my experience

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