Miami-based Gastro Health acquired Fairfax-based Gastroenterology Associates of Northern Virginia.
What you should know:
1. GANV was formed in 1998 and has grown to become the most comprehensive GI group in the region. GANV has 18 physicians, eight physician assistants and 60 support staff, spread across four outpatient locations.
2. GANV Medical Director Ahmed Hegab, MD, will move into a leadership role at Gastro Health, serving as vice president of clinical affairs for Virginia. GANV CFO Teresa Strausbaugh will also join the leadership team as vice president of operations.
3. This is Gastro Health's third acquisition away from its South Florida home base. The company acquired Birmingham, Ala.-based Southeast Gastro in April and Seattle-based Puget Sound Gastroenterology in September. Gastro Health was the first gastroenterology practice to partner with a private equity investor.
Gastro Health CEO Joseph Garcia said: "We are thrilled to partner with Gastroenterology Associates of Northern Virginia. Their emphasis on quality care and the patient experience closely align with our mission. GANV is a well-respected group that will serve as our platform in the Mid-Atlantic."