
PRACTICE HISTORY
Year Practice Was Established in Current Area: 1988Year Practice Was Established in Current Location: 2006
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: Yes
Average Number of Days Doctors Work per Week: 5
PATIENT BASE
Approximate total active patients: 6000 (past 18 months)Average number of new patients per month: 15
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 80%
HMO and Capitation: 15%
LEASE INFORMATION
COLLECTIONS
Gross Annual Collections for 2021: $894,123Gross Annual Collections for 2020: $908,535
Gross Annual Collections for 2019: $1,132,275
FACILITY
Total Number of Exam Rooms: 4Facility Space (sq ft): 2,000
Facility Expandable: No
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
Estimated Property Value: $480,000
Total Procedure Rooms: 1
EQUIPMENTS
Average Age of Equipment: 10Practice Software: MediSoft
Level of Computerization: Front Desk Only
EMR System? No
EHR System? No