Internal Medicine Practice with 653 Medicare Lives | Flint, MI Area - Business for Sale
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Internal Medicine Practice with 653 Medicare Lives in Flint, MI Area
MI, US
Added today
Internal Medicine Practice
44 years in business
Absentee / Semi-Absentee
This is an established internal medicine primary care practice in suburban Genesee County, Michigan, serving 889 active adult patients including 653 Medicare lives, with over 40 years of continuous operation.
Key Information
Asking
$700K
Revenue
$610K
Earnings
$232K
Multiple
3.0x
Key Highlights
- Active patient panel: 889, including 653 Medicare patients (369 Medicare Advantage, 284 traditional Medicare)
- 91% of Medicare patients seen in the trailing 12 months
- Practice established for 44 years in Genesee County, MI
- Facility: 1,892 sq ft, five exam rooms, two provider offices, leased month-to-month in a 2006 Class B medical office building
- Two full-time cross-trained medical assistants (23 and 5 years’ tenure) expected to stay
- In-house lab with automated chemistries, urinalysis, A1c and glucose testing; telehealth in place
- No hospital call; hospitalist group manages inpatients
- Accounts receivable excluded from sale
Contact Info
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