Well Established OB/GYN Practice For Sale

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Located in a thriving area of Dallas, Texas, this excellent OB/GYN practice serves a highly trafficked area surrounded by affluent neighborhoods and highly frequented shopping centers. Established in 1982 and relocated in 2009, this well established practice boasts 4,000 total active patients over the last eighteen months and averages 40 new patients per month. This completely paperless office offers a payment breakdown of 95% PPO and 5% fee for service with 2014 annual gross collections of $421,779. This reputable practice offers a great opportunity for a doctor to purchase a market share in Dallas, Texas, and grow an already profitable practice to an even higher level.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1982
Year Practice Was Established in Current Location: 2009
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1988
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: 4000 (past 18 months)
Average number of new patients per month: 40
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 95%

LEASE INFORMATION

Monthly Lease Rate: $2,438

COLLECTIONS

Gross Annual Collections for 2016: $465,295
Gross Annual Collections for 2014: $421,779

FACILITY

Total Number of Exam Rooms: 2
Facility Space (sq ft): 937
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: Aprima
Level of Computerization: Completely Paperless
EMR System? Yes