Thursday, March 22, 2012

Pediatric Practice for Sale - Louisiana

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General pediatrics practice for sale – New Orleans Metro, Louisiana. Collecting ~$650,000 on a payor mix of Medicaid, PPO, and HMO. Practice focuses on preventive medicine. Located in a professional/medical building with 4 exam rooms, MD office, and a lab. Practice personnel include an office manager, medical assistants, a nurse practitioner, and clerical staff. Seller will assist with transition. 100% financing available. Call 800-416-2055 or visit http://TransitionConsultants.com for more information.

Wednesday, March 21, 2012

Pain Management Practice for sale – South West Arizona

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Pain Management Practice for Sale in South West Arizona. Annually collecting ~$600,000 on only 2 MD days/week with a high net income of $350,000+. Major growth potential by expanding to full-time hours and increasing service mix. Facility is fully equipped and includes a C-arm and fluoroscopy table. Priced to sell at $165,000. Seller will provide transition assistance to Buyer. 100% financing available. Call 800-416-2055 or visit http://TransitionConsultants.com for more information.

Monday, March 19, 2012

CHBC - What does it stand for?

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CHBC stands for Certified Healthcare Business Consultant. It is a designation given by the National Society of Certified Healthcare Business Consultant's. CHBC's are industry experts in a variety of finanical, practice management, and billing and coding aspects of health businesses. Why be Certified?

A certification designation demonstrates to potential clients, vendors, and others that the holder has met certain standards of experience and knowledge.

Unlike other certifications, such as CPA (Certified Public Accountant), a CHBC (Certified Healthcare Business Consultant) has demonstrated an understanding of the total healthcare business environment — both practice and financial management.

Certification programs are voluntary efforts taken within a specific industry to establish standards of performance. They are regulated by independent organizations, as contrasted with licensing, which is government-administered.

Certification Review Course Outline

Section One
Business Plan
Integration
Legal Structures

Section Two
Coding
Medicare and Medicaid
Managed Care Organizations
Resource Based Relative Value Scales
Collection

Section Three
Malpractice
Compliance Plan
Compliance Components
Medical Records and Other Documents

Section Four
Human Resources
Recruit and Retain
Wages and Benefits
Employment Laws

Section Five
Pay for Performance
Facilities
Efficiency
MIS and Marketing

Section Six
Accounting
Compensation
Practice Valuation and Insurance

Section Seven
Individual Income Tax
Corporate and Business Tax

Section Eight
Retirement
Estate and Gift
Life Insurance
Financial Planning

The Certification Examination, covering the body of knowledge reviewed in the Certification Course, consists exclusively of multiple-choice questions and contains scenarios with related questions, applicable both to medical and dental practices. The questions have been developed to examine the knowledge and application of principles, not recollection of details.

Tuesday, March 13, 2012

Dental Practice Leasehold & Equipment Sale – San Gabriel Valley, California

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Selling Dental Leasehold and Equipment in a desirable location. 2,500 sq. ft. office boasts attractive, modern design with tall ceilings and spacious rooms. Includes 8 Operatories (4 equipped), 1 sterilization/lab room, a private office, and reception area. Prime visibility in a major retail plaza with strong foot traffic. Fixtures, equipment and office are in good condition. It would cost considerably more to duplicate a similar build-out. Seller is seeking a motivated, financially qualified buyer for a quick sale. Call 562-431-2144 or visit http://TransitionConsultants.com for more information.

Tuesday, March 6, 2012

Optometry Practice for Sale – New Jersey

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General optometry practice for sale in New Jersey established for over 30 years. Consistently collecting over $500,000/year. Balanced payor mix of patient pay, VSP, other private insurance, Medicare and Medicaid. Situated in a mall with high visibility and foot traffic. Located in an affluent suburb with many recreational activities in nearby Philadelphia metro area. Practice comes complete with equipment and inventory for a turnkey opportunity. Up to 100% optometry practice financing available. Call 800-416-2055 or visit http://TransitionConsultants.com

Thursday, March 1, 2012

Just Sold: Three Practices in Multiple States

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We completed the sale of several medical and healthcare practices this week: One was a pediatric practice in Louisiana collecting $830,000 annually with a high net income of $460,000. This practice emphasized a personal, patient-centered approach. The second was a long-established optometry practice in Southeast Kentucky. It consistently grossed $625,000 on only 3 OD days/week. Situated in a 3,000+ sq. ft. office, the practice was equipped to provide both medical and general optometric services. The third was a physical therapy practice in San Diego, California which employed 3 full-time PTs and collected $535,000. We represented the buyer in this final deal.

Transition Consultants offers comprehensive services in the appraisal and sale of medical and allied health practices. Our experts provide guidance from pre-sale planning through closing. We evaluate and market practices, qualify buyers, and facilitate negotiations to ensure the smoothest transition for both sellers and buyers. Transition Consultants operates nationwide and sells practices of all specialties. Please visit us at http://TransitionConsultants.com or call us at 800-416-2055 for more information.