Dallas-based GI Alliance partnered with San Antonio Gastroenterology Associates and San Antonio Digestive Disease Consultants, adding 17 physicians to its affiliated network days after partnering with Phoenix-based Arizona Digestive Health.
What you should know:
1. GIA will provide administrative resources for the practice, while allowing its physicians to practice uninterrupted.
2. SAGA notably built San Antonio's first freestanding endoscopy center in 1980.
3. GIA President Jim Weber, MD, praised SAGA and SADDC. He said, "Even with our growth on the national stage, we maintain our commitment to expand in Texas, furthering the delivery of high-quality patient care by supporting talented gastroenterologists with our experience and infrastructure."
4. GI Alliance was established in November 2018 when Waud Capital Partners invested in Southlake-based Texas Digestive Disease Consultants, Dr. Weber's practice. The organization struck its first major deal in July 2019, partnering with Evanston-based Illinois Gastroenterology Group. GIA is the largest independent gastroenterology services organization in the U.S.
To see a timeline of PE investment activity in gastroenterology, click here.