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.

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 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Webinars

Featured Whitepapers

Featured Podcast