Skepticism of PE-backed healthcare deals likely to continue under next FTC chair

BCLP's David Schwartz: 'The FTC has invested heavily in understanding and tracking private equity dealmaking in healthcare, and I do not see those investments being discarded just because of a change in administration.'

With no word yet on who will lead the Federal Trade Commission under the next administration, private equity investors say there’s a lot of uncertainty about the healthcare dealmaking landscape for 2025.

David Schwartz, Bryan Cave Leighton Paisner
David Schwartz, Bryan Cave Leighton Paisner

Under current chair Lina Khan, the FTC has scrutinized closely PE-backed healthcare deals and their impact on the quality and affordability of patient care, pursuing extensive investigations into hospital investments as well as rollup strategies that PE firms employ to consolidate smaller businesses and providers.

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