4 private equity investments in gastroenterology in Q3

Strong consolidation activity characterized the physician services sector in the third quarter of 2019, according to Provident Healthcare Partners' "Q3-2019 Physician Services Update."

September:

1. Miami-based Gastro Health acquires Seattle-based Puget Sound Gastroenterology, which has 24 physicians at four Washington locations.

2. The GI Alliance, an entity formed by Waud Capital Partners and Southlake-based Texas Digestive Disease Consultants, acquires Beaumont-based Southeast Texas Gastroenterology Associates, which has four physicians and two locations.

July:

3. The GI Alliance acquires Evanston-based Illinois Gastroenterology Group, which has 47 physicians across 29 locations in Illinois.

4. Nashville, Tenn.-based Covenant Surgical Partners acquires Gilbert-based Arizona Centers for Digestive Health, which has 11 Arizona locations and 17 physicians.

More articles on orthopedics/TJR:
OrthoSouth ASC logs 6K+ cases in 1 year — 4 details
The promising future of GI, ophthalmology & orthopedics in ASCs
3 ASCs reaching total joint procedure milestones

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months