Medical Practice Sales, Appraisal and Financing

Medical Practice Sales, Appraisal and Financing

Practice Detailsrmation

NEW Solo pediatric practice established for 11 years and situated in a recently renovated professional medical building. Practice emphasis is on 100% outpatient pediatric care for newborns through young adults, providing sick and well exams, vaccinations, strep & flu tests, urine dip and labs, hearing/vision screening, and other minor procedures including circumcisions. Payer mix is primarily HMO capitation for Commercial and MediCal patients, and some PPO fee for service patients. Referrals for newborns come from OB’s at local area hospital and from patients. Office comes complete with all furniture, equipment, and trained staff for a turnkey opportunity and is an ideal alternative to a startup. Practice revenues have been steady over the last 4 years averaging around $360,000. Seller is planning to relocate out of state but is willing to provide transition assistance and help with credentialing and transfer of HMO patient panels.  

Community Info

Downey is a working class suburb of southeast Los Angeles County, and is best known as the birthplace of the Apollo space program. It is a unique community in the heart of Southern California that combines the best of both large and small, with an active and diverse population of 110,000. A place of pride, history, involvement, and community, Downey is recognized for its top medical facilities, quality residential neighborhoods and schools, excellent golf courses, and an unmatched family lifestyle, and has been rated in the top 25% of "100 Best Cities To Do Business in California".

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