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Medical Practice Sales, Appraisal and Financing

Medical Practice Sales, Appraisal and Financing

Practice Details

SOLD Interventional pain management practice established 18 Years with annual collections of ~$750,000. Located in a freestanding building with 4 exam rooms, 1 physician's office, 1 procedure room, 2 other offices. Payor Breakdown is 30% HMO, 30% PPO, 40% Medicare, <1% Patient Pay, 5% Work-Comp. Practice performs epidurals, facet blocks, sympathetic nerve blocks, radio frequency, and massage therapy.

Transaction Information

Sale to include all tangible and intangible assets, patient files, goodwill and covenant not to compete. Selling physician will assist new buyer with transition. Seller also owns the building and would consider selling the medical real estate in a separate transaction. Cash and Accounts Receivable are not included. 100% Medical Practice Financing Available (OAC)

Community Information

Ocean County is located along the Jersey Shore and is roughly 70 miles south of New York City. It is a sought-after destination for tourists and residents visiting the beachfront communities during the summer season. It is one of the fastest growing counties in New Jersey in part due to its proximity to the New York Metropolitan area.

Written by Transition Consultants

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