Primary Care Medical Clinic & Independent Physician Association

Los Angeles, CA (Los Angeles County)

Primary Care Medical Clinic & Independent Physician Association
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Asking Price: N/A

Cash Flow: $1,223,000

Gross Revenue: $5,700,000

EBITDA: $1,223,000

FF&E: N/A

Inventory: N/A

Established: N/A

Primary Care Medical Clinic & Independent Physician Association

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Business Description

The Company is a primary care medical clinic and an independent physician association (IPA). The IPA serves as a conduit between health plans (HMOs) and different clinics and practices, and streamlines services provided by the clinics to serve the health plans and deliver health care needs. It is contracted with a complete line of specialists, including hospitals, ancillary support systems, laboratories, pharmacies, radiological groups, as well as several individual primary care physicians. Patients receive emergency, urgent, and real primary care and specialist medical services. The customer base consists of 10 clinics, including the Company’s own clinic, which represented approximately 50% of the IPA’s revenues in 2017. Together, they work synergistically for cost cutting, greater control, flexibility, and to maximize profits through time and other cost savings. This one-stop-shop business model, which was founded to serve the Latino and Filipino market in Southern California, can be applied all over the nation, especially with today’s skyrocketing healthcare costs.

Detailed Information

Location:
Los Angeles, CA
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Kris Nielsen

Business Listed By:
Kris Nielsen

ProformaPartners, LLC

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Sponsoring Broker:
Randy Bernard

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