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.

Westchester New York - Selling Dermatology Practice

Transition Consultants had been retained to assist in the sale of a general clinical dermatology practice in Westchester County, New York. Established for 34 years, this practice has primarily focused on the diagnosis and treatment of dermatologic pathology. Presently all MOHS and dermatologic surgeries, pathology, patch testing, and cosmetic procedures are being referred out, but could be retained in house to increase revenues by a qualified physician buyer. The practice payer mix consists mainly of Medicare and PPO, offering desirable fee for service reimbursement rates. Currently the seller works 30 hours a week, with very little hospital and skilled nursing facility visits, generating consistent gross revenues of $650k and discretionary earning of $450k. Seller is open to an extended transition and willing to remain part time for up to 2 years.

Sold: Interventional Pain Management Practice California

Just completed the sale of a pain management practice in central California. This is an established practice collecting $1,600,000+ annually. Emphasis on evaluations and pain management; well trained medical staff and office staff in place. Buying physician will retain selling doctor through transition period and fill-in coverage. The practice offers a spectrum of pain managmenet treatment including medication management, epidural steroid injections (cervical/thoracic/lumbar/caudal, facet blocks, discography, intercostal nerve blocks, radio frequency, intrathecal pump implants, and spinal cord stimulators. Visit our website for additional pain management practices for sale, medical physician job positions, and locum tenens opportunities.