Changes to reproductive endocrinology and infertility practice, research, and training as investor mergers increase

FS Reports Pub Date : 2023-12-01 DOI:10.1016/j.xfre.2023.08.001

Farrah L. Saleh M.D. , Eli Y. Adashi M.D., M.S. , David B. Sable M.D. , Vitaly A. Kushnir M.D. , Hugh S. Taylor M.D.

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Abstract

Private equity investment in fertility clinics has rapidly increased and is leading to unprecedented changes in the field of reproductive endocrinology and infertility (REI). The goal of this paper was to review private equity’s current integration in REI and discuss both benefits and challenges of investor involvement. We found that at least 25% of fellowship programs and medical schools were affiliated with private practice fertility clinics, not free-standing academic clinics. Approximately half of medical schools and nearly all REI fellowship programs that were affiliated with private practices were also backed by private investors. Research participation remains robust in private equity-affiliated REI clinics. With the changing infrastructure, we discuss the potential influence on trainee experience and research while also acknowledging the unique advantages that investor involvement may offer.

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随着投资者合并的增加，生殖内分泌与不孕症的实践、研究和培训也发生了变化

私募股权对生育诊所的投资迅速增加，并导致生殖内分泌与不孕症（REI）领域发生了前所未有的变化。本文旨在回顾私募股权目前在生殖内分泌与不孕症领域的整合情况，并讨论投资者参与其中的益处和挑战。我们发现，至少有 25% 的奖学金项目和医学院附属于私人生殖诊所，而非独立的学术诊所。大约一半的医学院和几乎所有隶属于私人诊所的REI奖学金项目也得到了私人投资者的支持。隶属于私人股本的 REI 诊所的研究参与度仍然很高。随着基础设施的不断变化，我们讨论了对学员经验和研究的潜在影响，同时也承认投资者的参与可能带来的独特优势。

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