Dallas-based GI Alliance acquired Indianapolis Gastroenterology and Hepatology, its third acquisition in three weeks.
What you should know:
1. Indianapolis Gastroenterology is the largest GI group in Indianapolis. The practice's 16 physicians and 10 advanced practice providers will all join GIA.
2. After this partnership, GIA has a presence in five states with a network of 315 affiliated physicians.
3. Indianapolis Gastroenterology and Hepatology CEO Jim Turner said the affiliation will help IGH expand throughout Indiana. Mr. Turner said, "Through this new partnership, we are looking to expand the presence of IGH with other Indiana-based gastroenterology groups, community hospitals and employer groups whose mission and culture are, like ours, focused foremost on their patients."
4. Since its November 2018 formation, GIA has grown rapidly and aggressively, expanding the fastest of any of the established private equity-backed GI platforms.