Physician Transaction Announces Partnership between Digestive Disease Physicians and Gastro Health
Physician Transaction Advisors (formerly ASCs Inc.) is pleased to announce that our client, Digestive Disease Physicians, an Alexandria, Virginia based GI practice, has entered into a strategic partnership with GastroHealth.
“Digestive Disease Physicians mission of providing quality, affordable and compassionate care to its patients was the basis on which we founded our practice,” states Dr. Alan Ansher, a founding partner. “As an organization we felt that we would best exceed in realizing our goals by partnering with a group that would enable us to focus on patient care while they support our growth initiatives, help us add additional service lines, and provide us with the clinical, operational and business support that we felt was imperative as we move forward. After a thorough evaluation of alternative strategic partners, it was clear that Gastro Health was the right partner for our organization”.
Frank Manes, Chief Development Officer of Gastro Health, stated, “We are honored to welcome the exceptional physicians that make up Digestive Disease Physicians as part of the Gastro Health (GH) team. They have built a reputation that is unsurpassed by providing the highest quality of care for patients that come throughout the region. Through collaboration among our partner practices, we are able to make an even greater impact on delivering the highest level of GI care in the communities we serve.”
Physician Transaction Advisors Managing Partner Jim Freund added, “Our process involved engaging about a dozen of the most qualified prospective partners. The physicians and executive team were involved throughout and able to focus on finding the right partner while concurrently we negotiated the financial and non-financial terms with each party, ultimately providing the physician-owners with all the information that they needed to make an informed decision. As a result, they moved forward with the best possible partner for their organization”.
“We are extremely pleased with the team at Physician Transaction Advisors,” said senior partner Dr. Craig Ellison. “Having gone through the process, I cannot imagine managing it ourselves. The time, effort, and expertise required — from marketing and engaging prospective buyers to negotiating pricing and terms and supporting us through intensive due diligence — was far greater than we anticipated. If you are considering managing this process on your own, please think again. You will end up with a far better outcome by using the PTA team.”
Patients will not experience any changes with the doctors they trust or the services they rely on from DDA. They will benefit from greater access to the latest surgical and medical advances, as well as additional resources and investment in advanced technologies.
About Digestive Disease Physicians
Digestive Disease Physicians, located in Alexandria, Virginia, is a practice of nine board-certified gastroenterologists with over 80 years of combined experience delivering top quality gastrointestinal health care. Our physicians perform a broad range of gastrointestinal procedures, including but not limited to: colonoscopy, upper endoscopy, ERCP, flexible sigmoidoscopy, capsule endoscopy and infrared coagulation of hemorrhoids.
The focus of our practice is patient-centered care: We meet with you before your procedure and discuss all aspects of the procedure with you; we personally deliver results to you following the procedure and we communicate results with your primary care physician to ensure effective coordination of care. All our physicians are available for consultation should your condition require hospitalization. Laboratory, biopsy, and X-ray study results will be returned in a prompt manner, with patient privacy always a priority.
About Gastro Health
Gastro Health is one of the leading gastroenterology platforms in the United States, supporting practices in Alabama, Florida, Maryland, Massachusetts, Ohio, Virginia, and Washington – with over 350 physicians and 150 locations consisting of medical offices, infusion centers, imaging services, and a specialty pharmacy. Additionally, Gastro Health owns and operates endoscopy centers in five of the seven states and operates pathology and anesthesia services. Gastro Health strives to provide outstanding medical care and an exceptional healthcare experience. The Gastro Health care teams utilize technology, clinical expertise, and compassionate care to provide a personalized approach to digestive health and overall wellness. Learn more at GastroHealth.com.
About Physician Transaction Partners (formerly ASCs Inc.)
The industry-leading team at Physician Transaction Advisors is the only firm to have represented the best interests of the physician-owners and executives of more than 300 group practices and surgery centers who want to evaluate their strategic partnership options and realize the absolute best financial and non-financial outcomes. Our trusted team of career outpatient healthcare leaders leverages decades of combined experience, knowledge, and expertise in a cost- and risk-free manner to ensure our clients achieve significantly better outcomes than they could on their own. For more information, please visit www.healthcarePTA.com.
