2,128 Medicare Lives / Est. 1998 Internal Medicine - Business for Sale
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Internal Medicine Practice with Medicare Panel in Phoenix, AZ
Phoenix, AZ, US
Added 5 months ago
Internal Medicine Practice
28 years in business
This is a 28-year-old internal medicine practice in the Phoenix metropolitan area with 2,128 assigned Medicare lives and a clinical team of 3 physicians and 3 physician assistants.
Key Information
Asking
$2.7M
Revenue
$2.2M
Earnings
–
Multiple
–
Key Highlights
- Internal medicine practice established in 1998 in Phoenix metro area
- 2,128 assigned Medicare lives: 917 Medicare Advantage, 1,211 traditional Medicare beneficiaries
- Payor mix: Medicare 27%, Commercial 72%, Cash <1%
- Clinical team: 3 physicians (MD) and 3 physician assistants (PA-C); 2 physicians to remain post-close
- EMR system: eClinicalWorks in use since 2005
- New patients: approximately 84 per month
- Transaction structure: $2,200,000 cash at close, $500,000 seller note secured by practice assets and corporate guaranty
- Accounts receivable are excluded from the sale (retained by sellers)
Contact Info
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