What you should know:
1. CRH acquired 51 percent of the practice, which touts estimated annual revenues of $2 million and is both EBITDA and cash-flow accretive.
2. This is the company’s sixth acquisition in Florida.
3. CRH financed the transaction using cash on hand and its credit facility.
4. CRH Anesthesia President Jay Kreger said a current CRH partner relayed that the practice was for sale.
More articles on surgery centers:
3 expert insights on ASC, health system joint ventures
ASC could be part of outpatient expansion in California innovation district
4 new joint-venture ASCs — November 2019
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
