$700K Revenue Private Medical Practice for Sale in Southern Connecticut

American HealthCare Capital is pleased to introduce a 13 year old Private Medical Practice specializing in Rheumatology for sale in southern Connecticut.  The practice is patient centered and offers quality care in a personalized, intimate fashion.  They have remained current in providing the best treatment options available, such as an in-office infusion therapy suite.

With the surrounding aging population and concomitant increase in arthritis, the practice has seen a growth in their patient census with approximately 15 new patients per week.  Additionally, their expertise extends into non age-related disorders that are becoming increasingly common, including lupus, fibromyalgia, gout, and rheumatoid arthritis.  Besides office based patient care, they also have several ancillary sources of revenue such as consultations at several hospitals and chronic care facilities, as well as involvement in research studies.

Annual gross revenues have been stable over the last few years at around $700,000. Medicare accounts for 40% of their revenues and the remainder comes from a compendium of insurance companies.  With an increased marketing effort, a new owner could easily expand their reach within the growing community.

The current staff will stay on with a new owner, including the owner/physician who is happy to accommodate either a transitional period or a long term arrangement.  The asking price for this opportunity is $350,000.   If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more information with you.