Transaction Update: Medical Practice Sale Tulare County California

JUST SOLD: Outright acquisition of an Internal Medicine Practice for Sale in Central California, Tulare County. Highly profitable solo practice with annual collections of ~$740,000+ with net income in excess of $520,000. Providing multi-site care in outpatient, inpatient, and skilled nursing care facilities. Ample medical office space in a newer-built professional medical building with convenient access to a nearby regional hospital. Payor mix well distributed between Medicare, PPO, and HMO insurance. Qualifying for increased HPSA designated regional area reimbursements with quarterly 10% Medicare incentive bonus. 100% medical practice financing was secured for this transaction.

Medical group mergers and acquisitions

Many smaller physicians looking to integrate with hospitals may have a better option by selling their practices to health groups. Recent article about the dynamics of medical groups buying practices. This could also affect the medical home model and accountable care organizaitons in the way health care is delivered and how services are reimbursed.