CRH Medical Corporation Announces 2018 Third Quarter Results and New Monitored Anesthesia Care Program
CRH MEDICAL CORP (CRHM)
NASDAQ:AMEX Investor Relations:
investors.crhsystem.com
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Source: PR Newswire
Anesthesia Revenue Grows 35% compared to the Third Quarter of 2017 VANCOUVER, Oct. 31, 2018 /PRNewswire/ - CRH Medical Corporation (TSX: CRH) (NYSE MKT: CRHM) (the "Company"), today announced its financial results for the quarter ended September 30, 2018. In addition, CRH announced that it has entered into an exclusive agreement to develop and manage a monitored anesthesia care ("MAC") program with Digestive Health Specialists ("DHS"), in North Carolina. The Company will develop and manage the program and has an option to acquire up to 51% of the newly created anesthesia practice at a future date, no sooner than 12 months. DHS owns ambulatory surgical centers in the Winston-Salem area, consisting of a total of six procedure rooms.Edward Wright, Chief Executive Officer of CRH commented, "We are very pleased with our strong third quarter and year to date financial and operating results. Revenue growth and operating margins remain very strong, with year to date adjusted shareholder EBI
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