Matt Brohm Quoted in PitchBook’s Q2 2024 Healthcare Services Report

AGG Healthcare Private Equity co-chair Matt Brohm shared insights in PitchBook’s Q2 2024 Healthcare Services Report, which explains the state of the healthcare private equity market.

In terms of regulatory considerations, statements denouncing PE’s role in healthcare from government officials, advocacy groups, academics, and the media has intensified since Q1.

Sponsors with California healthcare provider platforms are navigating the implications of the decision in Art Center Holdings, Inc. et al. v. WCE CA Art, LLC et al, according to Matt. In this case, the court ignored a succession/continuity agreement in a “friendly physician” MSO arrangement as a violation of California’s laws governing the corporate practice of medicine. Some sponsors are now exploring alternative structures for their California “friendly physician” MSO arrangements as a result of this decision.

To access the full report, please click here.