Medical Practice Sales, Appraisal and Financing

Medical Practice Sales, Appraisal and Financing

Pediatric medicine practice located in an affluent community in Passaic County, New Jersey, less than twenty miles from New York City. Practice is owned by a pediatrician for over 20 years, and is situated in a professional medical office condo suite with ample parking and nearby interstate access. Emphasis is on outpatient care for newborns through young adults and provides comprehensive medical exams and physicals, minor procedures and surgeries, hearing screenings, hemoglobin tests, and vaccinations. Office accepts PPO insurances, some Medicaid HMO, and cash paying patients, so possibility to grow practice by contracting with additional payers. Seller works full time in the office seeing on average 15 patients a day, newborns at two local hospitals, and Grossed $315,000 in 2012. 

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