Highly Successful Child and Adolescent Psychiatry Practice

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Established in 2009, this highly reputable practice is located in a spacious 4,906 square feet free standing building that is also available for purchase. The practice is equipped with six patient rooms with additional space available to add more. The total active patient count over the last eighteen months is 3,000, and the practice is averaging 180 new patients per month.

The current owner ensures a safe environment for this facility by personally screening all new patients. All patients with drug abuse issues and/or severe mental health issues are referred out to a more appropriate facility for the proper care.

The very busy practice is currently staffed with four licensed therapists (including the owner), four nurse practitioners, and six staff members. Therapists are booked out 4 months in advance, and the practice carries a waiting list of 6 weeks for new patients. The new owner could easily grow this practice by hiring more therapists and taking advantage of the extra space available in the building to add more patient rooms. Inquire now to learn more about this fantastic opportunity!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2009
Year Practice Was Established in Current Location: 2009
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 BASE

Approximate total active patients: 3000 (past 18 months)
Average number of new patients per month: 180
PPO: 40%
Medicaid: 58%
Other: 2%

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COLLECTIONS

Gross Annual Collections for 2020: $2,012,078
Gross Annual Collections for 2019: $1,552,780
Gross Annual Collections for 2018: $1,618,691

FACILITY

Total Number of Exam Rooms: 9
Facility Expandable: Yes
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes

EQUIPMENTS

Practice Software: Office Ally
Level of Computerization: Completely Paperless
EMR System? Yes
EHR System? Yes