Please note that assistive links (commonly known as "skip to links") are used throughout this site. These links are not well-supported by some mobile devices. If you are encountering difficulty using these links, please navigate around these links, or access the site on a desktop browser.
Skip to the primary content of this page Skip to the footer of this page
Provident Healthcare Partners Provident Healthcare Partners

Q3 2023 Broader Physician Services Update

Provident Healthcare Partners
Skip to the end of the Expertise Menu

Q3 2023 Broader Physician Services Update

Broader physician services remained an active sector throughout Q3-23. The majority of completed transactions in Q2 were by strategic acquirers looking to further expand their geographic footprint and diversify their service offerings, a strategy we have seen a continued focus on.

With the ongoing consolidation trend, Provident expects add-on activity to remain elevated. Platform transaction activity has remained subdued over recent quarters as financial sponsors closely monitored macroeconomic conditions. We anticipate a rebound in platform-level transaction activity as markets continue to normalize and Private Equity firms look to deploy high levels of dry powder, likely ramping up in Q4 and into 2024.

To print and download the full Broader Physician Services Update report, please click below…

[holo_button icon=”/wp-content/uploads/2023/10/Q3-23-Broader-Physician-Services.pdf”” color=”#003561″ target=”blank”]PRINT/DOWNLOAD[/holo_button]