PAIN MANAGEMENT - MUSCULOSKELETAL MEDICINE
PHYSIATRY - ANESTHESIA
PRACTICE FOR SALE
Part Time Practice with a Full Time Income!

Greater Philadelphia Area

 

 

PRACTICE DETAILS

Purchaser must be a physician; most likely an anesthesiologist or physiatrist. A physician with interest in pain management and medico-legal work may qualify as owner and employ a specialist.

This physical medicine pain and rehabilitation physiatry practice is for sale by a retiring physician. It has 4 exam rooms in approximately 1,300 square feet, located in a modern and attractive medical office building, with room for physical expansion. Much of the practice is workers’ compensation and auto accident/personal injury consultation/expert work, with some subcontractors and ancillary services. The clinical part is a musculoskeletal medicine and pain management practice. The second part of the practice is medico-legal—IME/ Depositions/ Court Appearances/ Impairment ratings. The practice does both plaintiff and defense work and is in high demand. The owner purposefully works half-time but reports that there is overwhelming demand for full time services.

Work-life balance is increasingly important to today's anesthesiologists, and a growing number of them are exiting ORs to find less stress, family time, a normal schedule, and outside-interest balance through working in out-patient settings.

FINANCIAL DETAILS

ANNUAL COLLECTIONS $800,000 for 20 hours per week; would be approx. $1,600,000 for 36-40 hours per week
ANNUAL INCOME $460,000 for 20 hours per week; anticipated to be $1,000,000+ if you work 36-40 hours per week
APPRAISED VALUE $900,000
ASKING PRICE $895,000
TERMS: 80-100% bank/seller financing may be available to qualified buyers
TIMING: Available immediately. Seller's immediate exit or phase out will be coordinated with Buyer's desires, not to exceed six months beyond purchase date.

 

A full appraisal and additional information is available to qualified applicants by signing and returning a Confidentiallity Agreement available here.
http://www.practicemgmt.com/nda/
All facts provided by seller to broker are deemed reliable, but Buyer is to verify all information prior to purchase.

Phone or email Seller's Representative,
Keith Borglum at Professional Management and Marketing
at 707-546-4433 with questions or to make an offer.
email