Private equity firms have long been active in hospitals, nursing homes, and home care settings. Recently, acquisitions of physician practices have skyrocketed, especially in high-margin specialties like dermatology, urology, gastroenterology, and cardiology. Dr. Bak will discuss the history, structure and potential effects of private equity in medicine.

Panelist: Sean Bak, M.D. ’99
President of Medical Staf at Ascension Providence Hospitals in Novi and Southfield (see bio)

Educational Objectives
1.         To provide an understanding of the history of physician ownership and antitrust regulation of medical practice
2.         To understand the structure and function of the private equity industry
3.         To understand the structure of private equity entrance into medicine and the potential effects

CME Statement
The Wayne State University School of Medicine is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians.

The Wayne State University School of Medicine designates this live activity for a maximum of 1.0 AMA PRA Category 1 Credit(s)™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

Disclosure of Conflicts of Interest

This program is not related to specific diseases or conditions but rather deal exclusively with medical education.  Therefore there are no potential conflicts of interest with ineligible companies as defined by ACCME and there is no need to identify, disclose or mitigate commercial conflicts of interest.

All alumni, students, faculty, staff and friends are welcome to join us.

This webinar is part of the Alumni Voices webinar series, presented by the Medical Alumni Association.

CME credit will offered at this event. If you are interested in receiving CME credit, please specify this on the RSVP form. CME credit is free for members of the Medical Alumni Association and $10 for non-members.

Planning Committe:
Rhonda Marvar, M.D. ‘93
2nd Vice President, Wayne State Medical Alumni Association
Chair, Special Projects Committee