4 private equity investments in gastroenterology in Q3 - Becker's ASC Review

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Written by Angie Stewart | October 29, 2019 | Print  |

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

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