30 yrs. old clinical lab, PPOs BC, BS, UHC, HealthNet, Medi-Medi - Business for Sale
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Clinical Laboratory with PPO and Medicare Contracts in Encino, CA
Encino, CA, US
Added 1 month ago
Clinical Laboratory / Medical Diagnostics
31 years in business
This is a CLIA-certified full-service clinical laboratory in Encino, CA, operating for over 30 years with transferable in-network PPO, Medicare, and Medi-Cal contracts, specializing in chemistry and pathology testing.
Key Information
Asking
$2.3M
Revenue
$1.2M
Earnings
$300K
Multiple
7.7x
Key Highlights
- Years in operation: 31
- Location: Encino, CA, in a busy medical building
- Facility size: approximately 2,000 sq ft, rent $6,000/month, 5 years remaining on lease with a 4-year renewal option
- Staff: two medical directors/pathologists, 2 part-time owner-operators, 4 full-time employees, 2 part-time employees, additional drivers and billing support (6%)
- Payer mix: 35% PPO insurance, 25% Medicare, 20% Medi-Cal, 20% cash (from 20+ referring MDs)
- Lab is CLIA-certified and specializes in chemistry and pathology with broad diagnostic capabilities
- Test volume: 200+ bloodwork/hormones/HIV tests per day, 180 pathology tests per month, PCR and antibody testing, 10+ daily workers’ comp & COVID tests
- Private PPO contracts (BC, BS, UHC, HealthNet), Medicare, and Medi-Cal contracts are transferable and have been active since before 2001
Contact Info
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