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CRH Medical Corporation Announces Startup Joint Venture

CRH Medical Corporation Announces Startup Joint Venture
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CRH Medical Corporation (
CRH , or the
Company ) (TSX: CRH) (NYSE MKT: CRHM) today announces a startup joint venture ( JV ) where CRH owns a 51% interest in a gastroenterology anesthesia practice located in Largo, Florida. The JV services a single ambulatory surgery center ( ASC ).
CRH and its partners will contribute this entity into its existing JV with FDHS Anesthesia, LLC.
Financial Highlights:
EBITDA and cash flow accretive
Dr. Tushar Ramani, CEO of CRH, commented on the JV, We now provide services to 71 ambulatory surgery centers across 14 states, and we see ample opportunity for additional business development execution over the remainder of 2021. ....

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CRH Medical Corporation Announces Acquisition of Oak Tree Anesthesia Associates, LLC

Press release content from PR Newswire. The AP news staff was not involved in its creation.
CRH Medical Corporation Announces Acquisition of Oak Tree Anesthesia Associates, LLC
February 9, 2021 GMT
VANCOUVER, BC, Feb. 9, 2021 /PRNewswire/ - CRH Medical Corporation (“CRH”, or the “Company”) (TSX: CRH) (NYSE MKT: CRHM), announces that it completed an accretive transaction whereby the Company has acquired Oak Tree Anesthesia Associates, LLC (“Oak Tree”), a gastroenterology anesthesia practice located in Edison, New Jersey.
Oak Tree represents the Company’s 32nd acquisition, and provides anesthesia services to a single ambulatory surgery center located in New Jersey. The transaction was financed through a combination of CRH’s credit facility and cash on hand. ....

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