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Updated: May 9, 2025

Establishment of a Clinic-based Biorepository
Published on: May 29, 2017
What Are Physicians' Duties to Patients When They Sell Their Practices?
1Resident in otolaryngology and head and neck surgery at Massachusetts Eye and Ear in Boston, Massachusetts.
None:
Physicians have fiduciary duties to respond with care to patient's clinical needs and vulnerabilities, whereas private equity (PE) companies have no such ethical or legal duties to patients and strive to maximize financial returns for their investors. This commentary on a case considers ethical conflicts of interest that arise when physicians sell their practices to PE firms and describes what physicians should consider when selling to fundamentally profit-driven entities.
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