CRH Medical Corp. has acquired Anesthesia Care Associates LLC, a gastroenterology anesthesia practice in Indiana.

The acquisition was funded through a combination of CRH Medical's credit facility and cash on hand. CRH Medical said in its Jan. 2 news release that the transaction is accretive to EBITDA and cash flow, with estimated annual revenue of $2.6 million.

Vancouver, British Columbia-based CRH Medical is a healthcare services company that provides various products and services to gastroenterologists to treat gastrointestinal diseases.