CRH Medical acquired a 51 percent stake in Austin (Texas) Gastroenterology Anesthesia Associates.
Here are four points:
1. The practice provides anesthesia services to two ASCs in Austin.
2. The transaction is structured as a joint venture.
3. The practice is expected to generate total annual revenue of $11 million.
4. CRH Medical focuses on providing physicians with services and products for the treatment of gastrointestinal diseases.