Internal Medicine Doctor wanting to sell practice to a board-eligible or board-certified internal medicine doctor. Established in 1982, this very reputable and long-standing internal medicine practice has a total active patient count of 3,232 and averages 26 new patients per month. With a payment breakdown of 61% PPO, 33% Medicare, and 4% fee for service, this practice grosses well over $1 million annually.
This fantastic practice is located in a very spacious 6,500 square feet stand-alone building that the selling doctor shares with three other board-certified Internal Medicine Specialists. There are three exam rooms plus one additional procedure room assigned to each doctor individually and the equipment is in like-new condition.
This physician-owned and controlled practice is primed and move-in ready for an energetic doctor to purchase and grow an already established patient base in an affluent area to an even higher level. Inquire now to learn more!
PRACTICE HISTORYYear Practice Was Established in Current Area: 1982
Year Practice Was Established in Current Location: 1982
Seller Purchased Practice: No
Average Number of Days Doctors Work per Week: 4
PATIENT BASEApproximate total active patients: 3232 (past 18 months)
Average number of new patients per month: 26
Approximate percentage of practice income breakdown:
FFS and Cash: 4%
COLLECTIONSGross Annual Collections for 2019: $1,176,813
Gross Annual Collections for 2018: $980,434
Gross Annual Collections for 2017: $1,295,106
FACILITYTotal Number of Exam Rooms: 3
Facility Space (sq ft): 6,500
Facility Expandable: No
Facility is Owned by Seller: Yes
Total Procedure Rooms: 1
EQUIPMENTSAverage Age of Equipment: 5
Practice Software: Glenwood Systems
Level of Computerization: Front Desk Only
EMR System? Yes
EHR System? No