Great Family Practice For Sale

SHARE LISTING

Great Family Medical Practice for Sale in DeSoto, Texas! Established in 1993, this long standing practice is running smoothly and efficiently with its original staff of 23 years who are all on board to work with a new owner. The practice has a total active patient count of 5,565 with a payment breakdown of 34% fee for service, 33% PPO, and 33% HMO. The practice has two examination rooms plus one additional procedure/surgery room. Currently operating within a 24-hour work week, there is plenty of room for a new owner to grow the practice. In addition, there is room for expansion which would allow for even more growth. Inquire now to own your own established medical practice!


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1993
Year Practice Was Established in Current Location: 1995
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: 5565 (past 18 months)
Approximate percentage of practice income breakdown:
FFS and Cash: 34%
PPO: 33%
HMO and Capitation: 33%

LEASE INFORMATION

Monthly Lease Rate: $2,726

COLLECTIONS

Gross Annual Collections for 2014: $345,987
Gross Annual Collections for 2013: $333,028

FACILITY

Total Number of Exam Rooms: 2
Facility Space (sq ft): 1,450
Facility Expandable: Yes
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: 23
Practice Software: Medisoft
Level of Computerization: Front Desk Only
EMR System? No
EHR System? No