Physician Medical Group M&A Pulse Survey Question Title * 1. On a scale of 1-5, how optimistic are you about the physician medical group M&A market increasing in activity in the next 12 months? 1 (not optimistic) 5 (very optimistic) Clear i We adjusted the number you entered based on the slider’s scale. Question Title * 2. Which factors are currently driving the most M&A activity in the physician group market? Need for scale Increased patient demand Private equity interest Reimbursement environment Pressure from competition Administrative burden on physicians Other (please specify) Question Title * 3. What is the biggest challenge facing buyers in the physician group M&A market today? Obtaining financing Cost of capital Increased competition Valuations Regulatory/reimbursement environment Other (please specify) Question Title * 4. From 1 to 5, how would you rate private equity's impact on the physician group space? 0 (very negative) 5 (very positive) Clear i We adjusted the number you entered based on the slider’s scale. Question Title * 5. What could significantly disrupt M&A activity within the physician group space in the next 12 months? Question Title * 6. Will physician group valuations go up, down or stay the same in the next 12 months? Up! Down Stay the same Question Title * 7. Would you increase or decrease your holdings in the physician group market in the next 12-24 months? Increase Decrease No change Question Title * 8. Can we reach out to you to discuss any of your answers? Yes No Question Title * 9. If yes, what is your name, company and email? Done