Internal Medicine Practice With 653 Medicare Lives For Sale - Business for Sale
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Internal Medicine Primary Care Practice in Genesee County, MI
Flint, MI, US
Added today
Internal Medicine Practice
Absentee / Semi-Absentee
This is an established adult primary care internal medicine 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
- Patient panel consists of 889 active patients, including 653 Medicare lives (369 Medicare Advantage, 284 traditional Medicare).
- 91% of Medicare patients were seen in the trailing 12 months.
- Practice has operated for over 40 years, serving the same families in suburban Genesee County, Michigan.
- Facility is 1,892 sq ft with five exam rooms and two provider offices, leased month-to-month with long-term lease expected to be available.
- Two full-time medical assistants (tenures of 23 and 5 years) are expected to stay.
- In-house lab provides automated chemistries, urinalysis, A1c, and glucose testing; telehealth is in place.
- No accounts receivable included in the sale; physician will support the transition.
Contact Info
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