Pt2: Private Equity: Savior or Existential Threat with Otolaryngologists Drs. William Blythe and Drew Locandro

When you are close to retirement private equity may come calling. What does a physician need to do when approached by private equity? What is there to consider? Everyone's situation is different. There are advantages and disadvantages to selling to private equity and the same when keeping a practice private. One of the major draws is that private equity tends to offer a considerable amount of income. However is it worth it? In this episode, private equity is discussed from two perspectives. Dr. Bradley Block invited two physicians who had given eloquent, concise arguments for and against selling onto the show to discuss their reasoning. It made for a very informative conversation.    William R. Blythe, MD, is a General Otolaryngologist practicing at East Alabama Ear, Nose, and Throat in Auburn/Opelika, Alabama.  He was the past Chief of Staff of East Alabama Health, where he served in almost every medical staff leadership position over the past 24 years. He served as President of the Alabama Society of Otolaryngology for ten years and continued in his role as Annual Meeting Coordinator.  Drew Locandro, MD, is a practicing general otolaryngologist with Northwest ENT and Allergy - Marietta, Georgia. He is president of his 6-physician group with 5 office locations and an ASC. He's served as chairman of the department of surgery at Wellstar Kennestone Hospital as well as chair of the hospital quality assurance committee for several years. Today's sponsor is Locumstory. To find out more visit: https://www.doctorpodcastnetwork.com/locumstory