Thursday, March 24, 2011

Recent Sale: Orange County Pediatric Practice

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SOLD: We just completed the sale of a medical pediatric practice in South Orange County California. This is an ideal opportunity for a pediatrician seeking work/life balance and take-home income above and beyond what could obtain as an employed physcian. Robust discretionary earnings in excess of $350,000 annually. The patient base primarily consists of small children and adolescents. Payor mix is a combination of PPO, HMO plans, MediCal, and other State managed programs. The clinic is all outpatient-based pediatric medicine, vaccinations, and minor procedures. Fully equipped space including Electronic Health Records. The office space is designed to be kid friendly and is painted in bright colors with murals and newer fixtures. The location is easily accessible from the 5 freeway with plenty of parking. Steady referral base of other Physicians, Patients, Hospitals, HMO and PPO Panels. Purchase loan financing available to qualified physician buyer.

Tuesday, March 15, 2011

Medical and Surgical Dermatology Office in Chicago Illinois

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Dermatology office for partnership buy-in or outright purchase located in the Chicago Area. Focus of the clinic is medical & surgical dermatology. Gross revenue collections of ~$1,000,000 dollars annually with 4 days per week of dermatologist coverage. Good sized space located in a Medical Professional with 3000+ square feet. There are seven exam rooms, two doctor’s offices, a procedure room, and a lab. The payor mix is primarily PPO insurance (60%). Remaining payors and insurance consist of Medicare (18%), HMO (12%), other insurance and patient pay (10%). Selling dermatologist is willing to remain for transition to new buyer. There is dermatology practice purchase financing available for this transaction. Seller may also entertain hiring the buyer as a locum tenens or associate doctor with a structured buy-in / buy-out. Please call medical practice broker for details.