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After failing dramatically in the late 1990s, Physician Practice Management companies (PPMs) are back. After two decades of healthcare industry evolution,
PPMs have a strong value proposition. The sequel to the PPM drama is likely to be more successful than the original – as long as PPMs adopt several key tactics to make PPM ventures succeed.
In a new Executive Insights, L.E.K. Consulting’s Bill Frack and Nurry Hong call on years of experience in the PPM space to defend the proposition that conditions favor a PPM resurgence. They lay out the key strategies for PPM success in the current environment and argue that the arrival of the next generation PPMs will provide many opportunities across the healthcare value chain; in this new chapter, everyone from payers to private equity investors can position themselves to benefit.