McGuireWoods Chicago partner
Amber McGraw Walsh was quoted in a
Jan. 8, 2020, Managed Care magazine article on the tripling of private equity investment in healthcare since 2009. The
chair of the firm’s Healthcare Department discussed the continued interest
in the healthcare sector among private equity investors.
While private equity keeps investing in physician practices such as primary
care, women’s health, urology and ophthalmology, Walsh said fee-for-service
revenues could shrink due to increases in labor costs and technology
investment. “The most astute [firms] think about value-based purchasing and
how to transform companies so the focus is on reducing costs and still
being profitable,” she said in the article.
Walsh, founder of the firm’s
Women in Private Equity & Finance Initiative, also dispelled the impression that private equity is resistant to
important changes in the healthcare practices they manage. “Many private
equity investors want to be in really good dialogue with payers,” she said.
“All have to have a seat at the table together.”
Walsh co-chairs McGuireWoods’
17th Annual Healthcare Private Equity & Finance Conference, to be held in Chicago Feb. 19-20.