In this episode, Amber Walsh, Partner at McGuireWoods LLP, discusses the evolving healthcare private equity landscape, investor interest across physician specialties, the continued growth of ASC strategies, and more.

Physician Practice Management and Healthcare Private Equity Trends in 2026 with Amber Walsh of McGuireWoods LLP 6-19-26

Becker Private Equity & Business Podcast

This is Scott Becker with the Becker's Private Equity and Becker Business Podcast. We're thrilled today to be joined by brilliant leader, Amber Walsh. And Amber's going to talk to us about the state of healthcare private equity with a particular reference to physician practice management companies. Amber, let me tee it up and ask you, what is the current state of investing in practice management companies and MSOs and so forth around physician specialties? What are you seeing out there?

Yeah, there's been a lot of discussion over the past couple of years of various headwinds, I guess, that kind of slowed or I would actually use rationalized some of the investments in physician practice management. Some of those dynamics that we've dealt with over the past couple of years are tougher regulatory environments where several different states have,

have famously introduced and are now actively reviewing physician practice management deals prior to closure on a much more active basis or reimbursement pressure. There's a whole host of things, higher interest rates, etc., that have been talked about as headwinds on the investment in the physician practice management space. And I think a lot of that is

true. But I intentionally use the word rationalized because what I think has really happened is that investors have become more thoughtful. You might use cautious in some ways, but thoughtful. They're spending a lot of time in assessing the structures of their deals. They're doing deeper dives into

diligence, more thoughtfully crafting and going after different deals. So you're still seeing plenty of activity. And last year was actually a record-breaking year in healthcare, private equity investments. But it's different than it was a couple of years ago.

Physician Practice Management and Healthcare Private Equity Trends in 2026 with Amber Walsh of McGuireWoods LLP 6-19-26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Physician Practice Management and Healthcare Private Equity Trends in 2026 with Amber Walsh of McGuireWoods LLP 6-19-26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.