This marks CRH Medical’s 32nd acquisition and its first New Jersey transaction, a Feb. 9 news release said. The transaction was financed through CRH’s credit facility and on-hand cash. CRH Medical now provides services to 70 ASCs across 14 states.
Oak Tree Anesthesia Associates provides services to a single ASC in New Jersey. It has an estimated annual revenue of $1.5 million.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.