CRH Medical Corporation Announces Completion of Majority Acquisition of Coastal Carolina Sedation Associates, LLC

CRH Medical Corp. acquired Coastal Carolina Sedation Associates, LLC, a gastroenterology anesthesia practice located in Wilmington, North Carolina.

CRH acquired 51 percent of the practice, which touts estimated annual revenues of $2.1 million and is both EBITDA and cash-flow accretive.

Dr. Tushar Ramani, CEO of CRH, commented on the transaction, “The acquisition of Coastal Carolina continues our recent business development momentum, and represents our 5th anesthesia acquisition since June. We are excited to partner with the talented team of Coastal Carolina providers in order to execute our shared vision of delivering exceptional care.”

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