Athas Health, based in Dallas, provides healthcare marketing services in seven states. The company had $29 million in revenue and $3 million in EBITDA at the year’s end of 2013.
In conjunction with the announcement of the acquisition, Donald Kramer, MD, will step down as Northstar’s CEO and continue to serve as chairman of the board of directors. Christopher Lloyd of Athas Health will become CEO of the combined companies.
More articles on transactions and valuation issues:
13 new ASCs in November
Bascom Palmer to open new eye surgery center
Texas Health Resources to build ASC at Rockwall
