Fantastic Internal Medicine Practice!

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Internal Medicine Practice for Sale in Sugar Land! Established in 1992, this long-standing practice has a total active patient count of 1800 and averages ten new patients per month. With a payment breakdown of 80% PPO, 15% Medicare, and 5% fee for service, the practice grossed $655,510 in 2017.

This fantastic practice relies heavily on preventative care services such as annual complete physical exams, treadmill testing and carotid ultrasounds. This practice is move-in ready with two examination rooms and one procedural room. Inquire now to be your own boss and own your own medical practice!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1992
Year Practice Was Established in Current Location: 2000
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: 4

PATIENT BASE

Approximate total active patients: 1800 (past 18 months)
Average number of new patients per month: 10
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 80%
Medicare: 15%

LEASE INFORMATION

Monthly Lease Rate: $3,871

COLLECTIONS

Gross Annual Collections for 2017: $653,690
Gross Annual Collections for 2016: $655,510
Gross Annual Collections for 2015: $785,981

FACILITY

Total Number of Exam Rooms: 2
Facility Space (sq ft): 1,753
Facility Expandable: No
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No
Total Procedure Rooms: 1

EQUIPMENTS

Average Age of Equipment: 20
Practice Software: IMS
Level of Computerization: Front Desk Only