GI Alliance (GIA) announces that it has entered into a definitive agreement with Cardinal Health (NYSE: CAH) through which Cardinal Health will acquire a majority stake in GIA, a physician-led, national management services organization supporting independent gastroenterology practices from a combination of GIA physician owners and funds managed by affiliates of Apollo (NYSE: APO). The transaction values GI Alliance at $3.9 billion. GIA partners with over 900 physicians who care for millions of patients in their independent medical practices across more than 345 office locations in 20 states. GIA-affiliated doctors care for patients in 135 ambulatory surgical centers and 165 hospital networks, supported by 95 infusion centers.
Read the full article: GI Alliance to Partner with Cardinal Health Creating a Scaled Multi-Specialty Managed-Services Platform to Benefit Physicians and Patients //
Source: https://www.globenewswire.com/news-release/2024/11/12/2978665/0/en/GI-Alliance-to-Partner-with-Cardinal-Health-Creating-a-Scaled-Multi-Specialty-Managed-Services-Platform-to-Benefit-Physicians-and-Patients.html