The physician practice management (PPM) sector is expected to continue its rapid growth in 2023, with new PPMs emerging to seize opportunities in cardiology, orthopedics, ophthalmology, urology, gastroenterology, primary care, women’s health and other specialties. However, a tight labor market, wage inflation and fixed reimbursement pose challenges to all areas of healthcare, including the PPM sector. Additionally, new proposed rules governing physician transactions and employment agreements have the potential to fundamentally alter the PPM industry. Our PPM team shares their insights on significant 2022 developments and takes a strategic look ahead at regulatory and transactional issues that will shape business outcomes in 2023, including: