{"id":3385,"date":"2018-07-25T09:37:30","date_gmt":"2018-07-25T13:37:30","guid":{"rendered":"https:\/\/forefrontdermatology.com\/partnership-opportunities\/?p=3385"},"modified":"2026-02-09T15:21:34","modified_gmt":"2026-02-09T20:21:34","slug":"myth-5-private-equity-forces-medical-groups-to-cut-corners-on-patient-care","status":"publish","type":"post","link":"https:\/\/forefrontdermatology.com\/partnership-opportunities\/myth-5-private-equity-forces-medical-groups-to-cut-corners-on-patient-care\/","title":{"rendered":"Myth #5: Private Equity Forces Medical Groups to Cut Corners on Patient Care"},"content":{"rendered":"<p>\u201cAs private equity firms make it rain on healthcare companies, some in the industry worry that patients will pay the price.\u201d <\/p>\n<p>So begins a recent <a href=\"http:\/\/www.modernhealthcare.com\/article\/20180616\/NEWS\/180619918\" rel=\"noopener\" target=\"_blank\">Modern Healthcare<\/a> article on private equity\u2019s entry into areas including Ophthalmology, physician staffing services, and Dermatology. AMA President Dr. Barbara McAneny is quoted as calling this trend \u201cjust another wave\u201d in a broader tide of consolidation. But to read most of the press around PE in Dermatology is to imagine that we\u2019re handing over our specialty to Bernie Madoff. In this view, any Dermatologist practicing in a PE-backed group is merely an instrument of profit-seeking villainy; our \u201cconflict of interest\u201d means we no longer see our patients as people, but as dollar signs. <\/p>\n<p>I joined Dermatology Associates of Wisconsin, the group practice that became Forefront, because of its values, its culture, and its focus on patient care. None of those have changed with the backing of PE\u2014even while our access to resources and support certainly has. Forefront\u2019s doctors enjoy PE backing but have retained decision-making power over every inch of the group\u2019s operations. When asked by an interviewer how aware he was of PE involvement in Forefront, one Dermatologist answered, \u201cIt&#8217;s invisible to me honestly. I have almost no awareness of it. To me, Forefront is the doctors, it&#8217;s the [central support] people who are there to help me\u2026\u201d The invisibility of PE plus the utility of our shared central services and support staff is, to our minds, the ideal configuration. PE is our bank, but our physicians are our backbone.  <\/p>\n<input class=\"fooboxshare_post_id\" type=\"hidden\" value=\"3385\"\/>","protected":false},"excerpt":{"rendered":"<p>\u201cAs private equity firms make it rain on healthcare companies, some in the industry worry that patients will pay the price.\u201d So begins a recent Modern Healthcare article on private equity\u2019s entry into areas including Ophthalmology, physician staffing services, and Dermatology. AMA President Dr. Barbara McAneny is quoted as calling this trend \u201cjust another wave\u201d [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":3386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[893],"tags":[],"class_list":["post-3385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity-myths"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Myth #5: Private Equity Forces Medical Groups to Cut Corners on Patient Care - Joindermsuccess<\/title>\n<meta name=\"description\" content=\"Forefront Dermatology doctors enjoy private equity backing but have retained decision-making power over every inch of the group\u2019s operations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/forefrontdermatology.com\/partnership-opportunities\/myth-5-private-equity-forces-medical-groups-to-cut-corners-on-patient-care\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Myth #5: Private Equity Forces Medical Groups to Cut Corners on Patient Care - Joindermsuccess\" \/>\n<meta property=\"og:description\" content=\"Forefront Dermatology doctors enjoy private equity backing but have retained decision-making power over every inch of the group\u2019s operations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/forefrontdermatology.com\/partnership-opportunities\/myth-5-private-equity-forces-medical-groups-to-cut-corners-on-patient-care\/\" \/>\n<meta property=\"og:site_name\" content=\"Joindermsuccess\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-25T13:37:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-09T20:21:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/forefrontdermatology.com\/partnership-opportunities\/wp-content\/uploads\/2018\/07\/MYTH-Number-5-BLOG-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"justyns\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"justyns\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Myth #5: Private Equity Forces Medical Groups to Cut Corners on Patient Care - 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