Pediatric Practice Near Fort Worth, Texas!

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Established in a rapidly growing area near Fort Worth, this pediatric practice is well-known for its unique and caring approach to children. The practice is located in a 1,400 square feet facility in a prime location with excellent signage near an elementary school and day care. The facility is equipped with a total of four exam rooms.

This practice has an active patient count of 2,400 and averages 35 new patients per month with no advertising efforts! The patient base is 40% fee for service and 60% PPO with 2019 collections totaling $768,764.

The practice itself has a fantastic reputation that offers services to both patients who are accustomed to a more traditional approach to medicine as well as guidance for natural remedies. The seller is fully on board to ensure the success of the new owner and will assist in the transition as necessary. Inquire now to become your own boss in this wonderful practice where you can fulfill your passion of caring for children while earning an excellent salary!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2013
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: 4

PATIENT BASE

Approximate total active patients: 1250 (past 18 months)
Average number of new patients per month: 28
Approximate percentage of practice income breakdown:
FFS and Cash: 40%
PPO: 60%

LEASE INFORMATION

Monthly Lease Rate: $1,866

COLLECTIONS

Gross Annual Collections for 2019: $768,764
Gross Annual Collections for 2018: $793,862
Gross Annual Collections for 2017: $725,293

FACILITY

Total Number of Exam Rooms: 4
Facility Space (sq ft): 1,400
Facility Expandable: No
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENTS

Average Age of Equipment: 6
Practice Software: NextGen
Level of Computerization: Each Operatory & Front Desk
EMR System? Yes
EHR System? Yes