One GI, a gastroenterology management services organization formed by Webster Equity Partners has acquired Gastroenterology Health Partners. No financial terms were disclosed. Based in Louisville, Kentucky and southern Indiana, the GHP team is comprised of 16 physicians and 12 advanced practice providers across Louisville and Lexington Kentucky, and southern Indiana.
Memphis, TN (April 22, 2021) – One GI, a gastroenterology management services organization formed by Webster Equity Partners (“Webster”), has acquired Gastroenterology Health Partners (“GHP”) in Louisville, Kentucky, and southern Indiana. Headquartered in Memphis, Tennessee, One GI identifies and partners with leading gastroenterology practices seeking a strategic partner to provide capital and management services to help foster growth, drive economies of scale and deliver the highest quality care to patients.
Formed in April 2020, One GI is comprised of leading gastroenterology practices throughout Tennessee, Mississippi, Ohio, and now Kentucky and Indiana. Established in 2012, GHP represents a merger of 3 legacy groups each of which was established more than 20 years ago. The group is the largest independent gastroenterology practice in Kentucky. The GHP team is comprised of 16 physicians and 12 advanced practice providers across Louisville and Lexington Kentucky, and southern Indiana.
One GI is led by Chairman Michael Dragutsky, M.D. Dr. Dragutsky commented, “We are thrilled to welcome GHP – a leading practice of highly skilled physicians that we have known and worked with for years. One GI’s expansion into Kentucky and southern Indiana is a key part of our strategic growth of the platform. Our partnership and expansion underscore our commitment to a physician-centric management services organization focusing on high-quality and cost-effective patient care.”
“We are proud to finalize our partnership with One GI,” said Jim Strobel M.D., GHP’s President. “Our partnership with the team of physicians at One GI allows us to continue our growth and further expand our service offerings.”
“GHP is excited to be joining One GI,” said Paul Brown M.D., a Partner at GHP and Director at One GI. “We look forward to collaborating with our fellow One GI physicians who share in our vision of providing leading GI healthcare and a devotion to clinical quality.”
Goodwin Procter and Reed Smith served as legal counsel to One GI. Katten Muchin Rosenman served as legal counsel to GHP.
About One GI
One GI is a gastroenterology management services organization that partners with GI physicians to help them manage, optimize, and grow their practices. One GI provides critical business services to physicians so they can focus on what they do best: providing excellent care to patients. For additional information on One GI, please visit www.onegi.com.
About Webster Equity Partners
Founded in 2003, Webster Equity Partners is a private equity firm that partners with healthcare service companies with a focus on high impact growth strategies based on delivering the highest quality care and exceptional service. For additional information on Webster Equity Partners, including a complete list of companies, please visit www.websterequitypartners.com.