Key Highlights
- Cardinal Health to acquire majority stake in GI Alliance (GIA), valuing GIA at $3.9 billion.
- GIA’s vast network: Over 900 physicians, 345 locations in 20 states.
- Focus on independent gastroenterology practices and a physician-led healthcare platform.
- Partnership enables enhanced patient care and support for GI physicians.
Source: Globe Newswire
Notable Quotes
- “GI Alliance and Cardinal Health are aligned in our shared vision to build a physician-led, national specialty healthcare platform that will be the preferred choice for patients seeking dependable, high-quality specialty care.” — James Weber, M.D., CEO at GI Alliance
- “Reinforcing and expanding our Specialty business has been our top priority.” — Jason Hollar, CEO at Cardinal Health
- “We believe GI Alliance has found a great partner in Cardinal Health to propel the company’s continued growth and success.” — Jason Scheir, Partner and Co-Head Hybrid Value at Apollo
SoHC's Take
This acquisition marks a strategic alignment between Cardinal Health’s robust infrastructure and GI Alliance’s unique position in physician-led gastroenterology care. By expanding its Specialty business through this acquisition, Cardinal Health can leverage GIA’s established physician network and leadership in GI to bolster its position in specialized healthcare delivery. The partnership is set to benefit millions of patients nationwide by combining resources to deliver seamless, high-quality care across a broader geographic scope, while also preserving physician independence. This deal underscores the growing emphasis on strategic partnerships that enhance specialty care and ensure sustainable support for independent medical practices.
