Medical Practice - Primary Care - Business for Sale
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Primary Care Medical Practice in Troy, MI
Troy, MI, US
Added 7 months ago
Healthcare, Medical, & Fitness
Absentee / Semi-Absentee
Primary care medical practice in Troy, MI with an absentee owner, staffed by one full-time physician, two full-time nurse practitioners, and three support staff, serving a patient base primarily covered by Medicare and other insurance.
Key Information
Asking
$1.2M
Revenue
$1.2M
Earnings
$593K
Multiple
2.0x
Key Highlights
- Location: Troy, MI, US
- Practice has 5 rooms, 1 absentee owner doctor, 1 physician working over 40 hours/week, 2 nurse practitioners each working over 40 hours/week, and 3 support staff
- Payer mix: 50% Medicare, 15% Medicaid, 28% other insurance, 7% self-pay
- Medicaid Estate Recovery (MER) started in Q4 2024
- Majority of patients are long-term
Contact Info
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