Cardinal Health Acquires Majority Stake in GI Alliance for $3.9B
Slice of Healthcare Team
Nov 13, 2024
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
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