The urology physician practice market in the U.S. is comprised of 12,660 practicing urologists, servicing approximately 45 million patient visits per year(1)
new cases of bladder cancer in 2019
patient visits for urinary tract infections annually
Average age at the time of diagnosis of bladder cancer
1 in 10
U.S. adults (18 and older) suffer from daily urinary incontinence
Several factors are driving consolidation of urology physician practices by both strategic healthcare organizations and private equity funds
Highly fragmented market
The market is highly fragmented and is largely served by smaller, regional practices.
Favorable macro trends
Rising demand for services from an aging population combined with the low supply of urologists present significant growth opportunities.
Diverse revenue streams
Multiple sources of revenue that can be generated from a variety of ancillary services including ASC’s, advanced imaging centers, centers with radiation therapy, etc.
Favorable regulatory environment
Sophisticated urology practices with scale should realize positive reimbursement outcomes through Merit-based Incentive Payment System (MIPS) as it continues to evolve.
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