Private equity firms have been key contributors to many successful healthcare businesses over the decades. Their role in the sector has become much more pronounced in recent years, with some companies acquiring medical groups, outpatient surgical centers and even hospital networks outright. The number of physician practices owned by private equity firms increased seven-fold between 2012 and 2021. Today, Nearly 500 hospitals nationwide are owned by private equity firms. Complete ownership by such firms is often accompanied by an introduction of business efficiencies that may clash with the values of the clinicians and management of these organizations. Physician workloads may increase while time with patients decline; capital needs may be deferred and overall finances may be impacted.