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CRH Medical: Rapid Growth Due To Acquisitions Just Getting Started

CRH Medical Corporation (NYSEMKT:CRHM) is a small cap healthcare company that has increased revenues five-fold in the past year through accretive acquisitions of businesses providing anesthesia services to gastroenterologists (GIS) doing endoscopy procedures in non-hospital clinics (known as Ambulatory Surgery Centers).

CRH was already in contact with many U.S. GI doctors for another reason and saw an opening recently to enter the anesthesia side in a profitable way.

Original business was growing but not rapidly

For the previous decade, the company was meeting with and training GIs on its O'Regan System, an advanced treatment procedure for hemorrhoids that benefits both physicians and patients. It has trained about a quarter of the estimated 8,500 GIs across the U.S. and

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