With the health-care industry's star fading on Wall Street, physician groups are more likely to turn to local banks for financing and lines of credit, according to a Tennessee health-care consultant.

For much of this decade, small group practices have been targets of publicly traded physician practice management firms, such as Nashville- based PhyCor Inc. and MedPartners Inc. of Birmingham, Ala. Doctors themselves have been eager to join these larger companies to cash in on the boom in health-related stocks, said Brad Speight, senior consultant at Delta Health Care in Brentwood, Tenn.

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