Internal Medicine Practice with 653 Medicare Lives - Business for Sale
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Internal Medicine Practice with Medicare Panel in Genesee County, MI
Flint, MI, US
Added 5 days ago
Internal Medicine Practice
40 years in business
Absentee / Semi-Absentee
This is an established adult internal medicine primary care practice in suburban Genesee County, Michigan, with a panel of 889 active patients, including 653 Medicare lives, operating from a leased medical office facility.
Key Information
Asking
$700K
Revenue
$610K
Earnings
$232K
Multiple
3.0x
Key Highlights
- The practice has 889 active patients, including 653 Medicare lives (369 Medicare Advantage members and 284 traditional Medicare beneficiaries).
- 91% of Medicare patients were seen in the trailing 12 months.
- The practice has been established for over 40 years in suburban Genesee County, Michigan.
- Facility is 1,892 sq ft with five exam rooms, two provider offices, and is leased month-to-month; long-term lease expected to be available.
- Two cross-trained full-time medical assistants (tenures of 23 and 5 years) are expected to stay.
- In-house lab includes automated chemistries, urinalysis, A1c, and glucose testing; telehealth is in place.
- Accounts receivable are excluded from the sale.
Contact Info
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