Gastro Health sold to private equity company

Gastro Health was sold to private equity company Omers, according to a May 19 release. 

Advertisement

The transaction is expected to close in the second quarter of 2021. Miami-based Gastro Health previously was owned by Audax Private Equity, which acquired the company in 2016. 

While precise financial details of the transaction were not disclosed, PE Hub released a report in February that speculated Gastro Health to be worth $65 million in EBITDA. 

Gastro Health supports over 250 physicians in Alabama, Florida, Maryland, Ohio, Virginia and Washington.

Advertisement

Next Up in GI & Endoscopy

  • The MUSC Shawn Jenkins Children’s Hospital in Charleston, S.C., has launched the MUSC Advanced Pediatric Endoscopy Program and Pancreas Center. …

  • For GI clinics and ASCs, accurate coding and documentation are critical to protecting reimbursement, reducing denials and withstanding payer audits. …

Advertisement

Comments are closed.