Q1 2024 Other Physician Services Update
Q1 2024 Other Physician Services Update
The first quarter of 2024 has continued to display the strong transaction activity across a variety of physician services sub-sectors. Both radiology and women’s health verticals saw multiple strategic partnerships and the ENT vertical had a new platform established.
Provident expects the ongoing consolidation trend to continue throughout the remainder of 2024, with PE-backed strategics remaining acquisitive and financial sponsors actively looking to make platform-level acquisitions. The transaction activity will be supported by macroeconomic tailwinds including normalizing credit markets and excess dry capital.
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