- The gastroenterology field has experienced substantial consolidation, with management service organizations and groups expanding significantly. Between 2019 and 2023, at least 108 gastroenterology practices consolidated.
- In 2023 alone, more than 12 gastroenterology companies expanded their footprint. Large groups like Miami-based Gastro Health and Southlake, Texas-based GI Alliance have been actively acquiring physicians.
- The aging population and changes in colorectal cancer screening guidelines are contributing to the increased demand for gastroenterology services, fueling further consolidation.
- The three largest groups in the field are GI Alliance (with 800 locations), Gastro Health (with 152 locations), and United Digestive (with 81 locations). These groups have been actively acquiring new locations and partnering with private equity firms.
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