Physicians Endoscopy adds three GI ambulatory partnerships

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Closely-held Physicians Endoscopy (PE) announced the addition of three GI ambulatory surgery center (ASC) partnerships that were finalized between July and September of 2018.

The partnerships increase PE's portfolio of affiliated centers to 60 ASCs while also adding 26 new gastroenterologists to its coalition of 600-plus GI partners across the U.S.

The transactions include Endoscopy Associates of Valley Forgein Limerick, Penn., which currently performs over 5,600 procedures annually; Gastrointestinal Associates of Rydal, Penn; and Bethesda Endoscopy Center in the Washington, D.C. metro area, which performs over 8,400 annual procedures.

The 17-physician Gastrointestinal Associates group along with PE opened Gastrointestinal Endoscopy Center, which is expected to perform 6,000 procedures annually.

Michelle Carr