Three things to know:
1. CRH Medical financed the deal with its credit facility and cash on hand.
2. This was CRH Medical’s 28th anesthesia acquisition overall, its first acquisition in the state of Virginia, and its third deal within three weeks. The gastroenterology anesthesia company now serves 63 ASCs and endoscopy centers in 12 states.
3. Central Virginia Anesthesia Associates provides anesthesia services to one GI endoscopy center, generating an estimated $2 million in annual revenue.
More articles on surgery centers:
Top-paying jobs in 2020 — Surgeons are No. 1
The state of ASCs in June 2020: 10 observations on supply chain, payers, staffing & future growth
Optum leads $26M funding round for digital therapeutics startup
