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(SOLD) Internal Medicine Practice with 200+ Medicare Lives

Sell Medical Practice

Business Information:

Great Price for this Patient Centered Practice

This 41 year-old practice located in North Phoenix provides comprehensive, primary adult care services for patients 16 years and older. Services include preventive care, acute illness and chronic illness management. Ancillary services include EKG, Spirometry, Testing for UTIs, Strep throat, Pregnancy, and Immunizations. EMR for scheduling and billing, paper charts for health records.

Approximately 450 active patients with over 200 medicare lives assigned to this provider. Opportunity to earn generous shared savings bonuses from this patient base. Payor mix is approximately 50% Medicare; 25% Commerical Insurance and 25% AHCCCS.

  • Asking Price:
  • $285,000
  • Est. Monthly Payment:
  • Gross Revenue:
  • $417,510
  • EBITDA:
  • $N/A
  • FF&E:
  • $N/A
  • Cash Flow:
  • $290,393
  • Cash Flow After Annual Debt Service:
  • Inventory:
  • $N/A
  • Rent:
  • $2,216 per Month
  • Established:
  • 1981

Detailed Information:

  • Real Estate: Leased
  • Lease Expiration: Feb-23
  • Employees: 1
  • Facilities: This general internal medicine practice occupies approximately 1,166 SF of clinical space. The practice has a patient lobby equipped with 7 seats, 2 fully equipped exam rooms,1 lab drawn station, 1 staff lounge, 1 provider office with a private restroom and 1 patient restroom.
  • Competition: A limited number of internal medicine practices are in the immediate area.
  • Growth & Expansion: Expand ancillary services and clinic hours, add marketing presence, or add a mid-level.
  • Financing: Seller willing to work part-time for up to 6 months to assist with a smooth patient transition.
  • Support and Training: Seller willing to work part-time for up to 6 months to assist with a smooth patient transition.
  • Reason for Selling: Preparing for retirement
  • Business Listed By:
  • Shaun Rudgear

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