CRH Medical Corp. acquired 55 percent of a gastroenterology anesthesia practice in West Florida.
Here's what you should know:
1. The West Florida practice is the primary anesthesia provider for an ASC in West Florida.
2. This marks CRH's fourth acquisition in Florida.
3. The West Florida practice has a total revenue of $3 million. The ASC was structured as a joint venture and CRH will retain its 55 percent ownership through the restructuring.
4. CRH CEO Edward Wright said in a release, "We are very excited to continue to grow our presence in Florida. I believe this will be the first of a series of transactions that we announce as we increase the pace of our acquisitions for the remainder of 2017."