Health Care Service Businesses for Sale in Los Angeles, California
Los Angeles, California
Health Care Service
2 results for "Health Care Service" businesses in "Los Angeles, California"
Los Angeles, California
Health Care Service
2 results for "Health Care Service" businesses in "Los Angeles, California"
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Los Angeles, California
Established Medical Practice with Orthopedic Spine & Neurosurgeon Physicians
$ 395,000
CF : $ 574,200
This orthopedic spine surgery practice is led by a veteran surgeon with over 50 years of experience treating a wide range of spinal conditions, from degenerative disc disease to scoliosis and spinal stenosis. The clinic, which is staffed with 2 orthopedic spine surgeons and one neurosurgeon, boasts 4 exam rooms in its spacious office. The practice recently went through its latest round of credentialing with its Independent Practice Associations (IPAs) to secure their Medicare status for a time. The practice works with HMOs and a large group of vascular surgeons. The current payer mix is 70% HMO, 20% Medicare, 5% PPO, 5% Worker’s Compensation. This practice benefits from the physician’s 50+ years of experience, its patient diversity and pay mix, its alignment with multiple IPAs that provide a steady stream of spine care referrals of managed care patients, and finally its extraordinarily high bill rates, which the biller can help to ensure will remain with the buyer. New operators will likely choose to perform surgeries themselves to enhance their margins and further improve their net income, expand the practice, and enhance customer service to ensure the highest quality patient experience.
Los Angeles, California
Medical Practice - High Net, Great Reputation
$ 1,200,000
CF : $ 514,000
Over three decades in business, this medical practice has over 4,600 chars and a great reputation. Its current location has been in a larger medical building since 2014. The lease lasts until June 2024, and there is an option possible for $5,000/month. It has 3 exam rooms, 2 consultation rooms, one EKG room, and one procedure room. The office could easily fit one more physician or one more nurse practitioner. It grosses about 800K and nets about 500K per year. Only two full-time employees are with the doctor in the office, but his spouse does some managerial work from home. The doctor's office was voted seven times as the number one family physician in the Los Angeles area. Most of his medical practice is for Medicare patients and PPO patients, and also he has around 600 HMO patients with Regal and Lakeside medical group HMO. The office is 100% paperless and for the last 15 years, they have had electronic health records in our office. They have Athena Health electronic health records. The seller would ideally like to continue practicing medicine at his present location, part-time, and he would like to get a good physician or a good nurse practitioner that he could coach and teach and share all that he learned in his rich career. A single-operating doctor can count on a yearly net income exceeding $500,000, with growth potential. The confident seller is ready to carry a bigger note, train, and stay as a part-time partner for a while.
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