CRH Medical acquires Florida gastroenterology anesthesia practice — 3 insights

Vancouver, Canada-based CRH Medical Corp. bought a 51 percent stake in Crystal River (Fla.) Anesthesia Associates through an accretive transaction.

Advertisement

Three insights:

1. Crystal River is a gastroenterology anesthesia practice serving two ASCs. Its estimated annual revenue is $1.6 million.

2. CRH Medical financed the transaction through its credit facility and cash on hand.

3. Crystal River is CRH Medical’s fifth acquisition in Florida and its 23rd anesthesia acquisition altogether.

More articles on surgery centers:
5 interesting ASC company partnerships to know
Minnesota hospitals challenge Blue Cross policy shifting services to ASCs
Regent Surgical Health, Conformis partner to cut ASC joint replacement costs 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Anesthesia

Advertisement

Comments are closed.