Here are three insights:
1. CRH Medical acquired the entire practice in an accretive transaction financed through CRH’s credit facility and cash on hand.
2. Lake Erie provides anesthesia services to two GI ASCs. The practice’s estimated annual revenue is $2.1 million.
3. This is CRH’s fourth anesthesia acquisition this year and its second in Ohio, according to CRH CEO Edward Wright.
More articles on gastroenterology:
Drs. Khalid Moussa, David Boon & more: 6 GI physicians making headlines
‘The best screening test is the one that gets done:’ 5 Qs with professional golfer Tom Lehman, CRC survivor
GI leader to know: Dr. Ashish Nimgaonkar of Johns Hopkins Medicine
