• Eric J. Yetter

Opportunity Areas for Private Equity Investment in Ophthalmology Practices


As of the close of 2019, several key geographies have experienced little or no private equity investment yet offer compelling opportunities.


Eastern Midwest – West Pennsylvania through most of Illinois is relatively open. Yet, many opportunities exist here including ASC acquisitions in non-CON states. Hospital dominance can make some of these markets more challenging.


Texas – Large, highly populated, and fast-growing, Texas presents an excellent opportunity market. We expect several large acquisitions going forward as investors find the right physician partners.

Northern California and the Pacific Northwest – An investor could be very successful in Northern California through effective partnership with the many small practices there. The Pacific Northwest is home to some large players that could be initial platform investments.


Central Midwest and Mountain Regions – Though less concentrated, these areas are generally stable and offer strong opportunities for investors willing to work over a greater footprint. Building scale through add-ons here may prove challenging.



This article is an excerpt from our recently published White Paper: Ophthalmology 2020 Outlook - Private Equity Investment and Consolidation Strategies.


>>> CLICK HERE TO DOWNLOAD WHITE PAPER NOW


White PF Logo.png

40 Burton Hills Boulevard

Suite 200

Nashville, TN 37215

615-647-6885

This location is supervised by Ashland Securities’ Home Office, located at 80 S.W. 8th Street, Suite 2000 Miami, Florida 33130. Phone Number 305-279-3176. Member FINRA SIPC.

Send Us a Message

© 2020 by Physicians First

Securities Products and Investment Banking Services are offered through Ashland Securities, LLC. Supervised by the Home Office, located at 80 S.W. 8th Street, Suite 2000 Miami, Florida 33130. Phone Number 305-279-3176. Member FINRA SIPC. Please refer to BrokerCheck for more information about Ashland Securities, LLC. Physicians First and Ashland Securities, LLC are separate and unaffiliated entities.