Gastroenterology practices have been going through a period of consolidation since 2016 when the most recent wave of GI-focused physician practice management (“PPM”) companies started acquiring practices.
The GI space is attractive for many reasons, including the presence of ancillary services, favorable demographic trends, and recent changes to colorectal cancer screening recommendations. In addition to these industry tailwinds, operators face challenges related to provider shortages, inflation, and complicated relationships with hospitals. This article from HealthCare Appraisers discusses the outlook for GI practices and related ancillary services, and analyzes transaction activity and industry valuations. Read more.