The ophthalmology market has "vast potential" because of its fundamental components, abundance of cash and relative independence from hospitals, according to PhysiciansFirst Healthcare Partners.
PhysiciansFirst expects the high transaction volume seen in 2017 and 2018 to accelerate even more dramatically in the coming year.
Practice acquisitions by year (excluding confidential acquisitions by Century Vision Global, a firm owned by Durham, N.C.-based Eli Global):
2012: 1
2013: 4
2014: 9
2015: 9
2016: 13
2017: 37
2018 (through October): 50