Services - Health, Medical & Dental

Asking Price	Not Disclosed	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	$75,000*	Employees	N/A

* included in the asking price

** not included in the asking price

THE COMPANY: This established medical office has been operating for 12 years. The four provider practice is assisted by four medical assistants and four other support staff. Physical capacity is available to double output. Each professional typically sees 20-25 patients per day. Patient visits average 15,000 per year. THE STRENGTHS: The seasoned support staff are paid market salaries and provide all clinical and administrative services except invoice processing and collection. PAs and physicians are paid a base salary plus 33% of collected billings after a budget base. The clinic maintains extended weekly hours and half day Saturday business hours. Approximately 25% of appointment time is reserved for walk ins and new patients. Approximately 10% of the practice are Medicare patients. The practice enjoys a modest under 2% bad debt write off and 18% adjustment percentages. THE NATURE OF THE PRACTICE: With its long established location, the popular practice has enjoyed several generations of patients. Uniquely, the practice underwent an ownership change and significant restructuring years ago which resulted in increased business and more efficient operations. General family practice, pediatrics, minor emergency and routine testing/lab work constitute the majority of patient visits.

Facilities: The building maximizes every square inch for productivity with a total of 5 suites consisting of 3-4 exam rooms including a room for minor procedures, individual restroom and dictation area each. Currently one suite with 5 exam rooms is unused. There is on site x-ray and lab facilities. The basement allows for tremendous storage capacity. Easy patient access with ample parking is a rare find. The office has been newly carpeted. The outside has been repainted, roof repainted and sealed and the parking lots have been paved and re-sealed.