Highly Reputable and Successful Pediatric Practice for Sale

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Extremely busy and reputable pediatric practice for sale northwest of Fort Worth. Established in 2005, this practice has a total active patient count of 3,772 and averages 24 new patients per month. With a loyal patient base of 91 % PPO, 2% HMO, 1 % Medicaid, 6 % Fee for Service, this completely paperless practice is equipped with nine examination rooms plus one additional procedure/surgery room.

With 2016 gross collections totaling $975,398, this practice is staffed with loyal employees in a family-oriented area with easy access to the metroplex. This practice is move-in ready for a new pediatric doctor to walk in and begin practicing in an already successful practice.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2005
Year Practice Was Established in Current Location: 2008
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 5

PATIENT BASE

Approximate total active patients: 3772 (past 18 months)
Average number of new patients per month: 24
Approximate percentage of practice income breakdown:
FFS and Cash: 6%
PPO: 91%
HMO and Capitation: 2%
Medicaid: 1%

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COLLECTIONS

Gross Annual Collections for 2017: $975,398
Gross Annual Collections for 2016: $925,671

FACILITY

Total Number of Exam Rooms: 9
Facility Space (sq ft): 4,000
Facility Expandable: No
Practice Shares Space with Another Practice: Yes
Facility is Owned by Seller: Yes
Facility is Available for Purchase: No

EQUIPMENTS

Average Age of Equipment: 10
Practice Software: Meditouch
Level of Computerization: Completely Paperless