Urgent Care Center Trends and Value Insights
- May 26, 2020
As the healthcare industry continues to shift to value-based reimbursement, urgent care centers continue to demonstrate their ability to provide a high quality of care, lower cost, setting for many patients. This focus of urgent care centers has made them a target of acquisition by national urgent care operators, health systems, and private equity back investors.
Growth is also being stimulated by a well-documented shortage of primary care physicians. According to the AAMC, physician demand is expected to steeply accelerate, with an anticipated shortfall of 40,000 primary care physicians by 2025. Although many factors contribute to the value of a specific urgent care center, Coker has identified two critical areas of focus for purchasers:
- Operational efficiencies driven by the center’s staffing model.
- The number of locations the subject center operates.
Coker’s latest article, Urgent Care Center Trends and Value Insights, explores how the growth of urgent care centers has fueled an increase in transactions within the urgent care space.