Thriving Family Medical Practice for sale Northeast of Dallas, Texas! Established in 2010, this busy practice maintains a total active patient count of 6337 and averages 66 new patients per month. Located in a 3,800 square feet stand-alone building, this practice has an impressive 11 examination rooms plus one triage room for the outside laboratory phlebotomist, as well as an in-house lab. Gross collections in 2017 were an impressive $1,414,883 with a payment breakdown of roughly 33% PPO and 59% Medicare with a small sprinkling of various other payment methods.
In addition to the routine family/internal medicine services offered, this practice also offers diabetic nerve testing (sudoscan), audiometry (using a GoHear audiometer), hormone replacement therapy, orthopedic joint injections, and sports physicals. The doctor in this practice also visits nursing homes as part of the services offered through the practice.
Following the sale of the practice, the selling doctor plans to re-locate to be near family. Inquire now to own this successful family medical practice!
PRACTICE HISTORYYear Practice Was Established in Current Area: 2010
Year Practice Was Established in Current Location: 2013
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 BASEApproximate total active patients: 6337 (past 18 months)
Average number of new patients per month: 66
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
COLLECTIONSGross Annual Collections for 2017: $1,414,883
Gross Annual Collections for 2016: $1,071,822
Gross Annual Collections for 2015: $1,226,320
FACILITYTotal Number of Exam Rooms: 11
Facility Space (sq ft): 3,800
Facility Expandable: Yes
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
EQUIPMENTSPractice Software: eClinicalworks
Level of Computerization: Each Operatory & Front Desk
EHR System? Yes