This opportunity is comprised of two high-volume Urgent Cares located in Northern California. They have actually been in business for five years
Both locations focus on Urgent Care medicine along with quite high volumes of patients averaging 55 per location per day. The majority of their revenue comes from a variety of payers along with the largest payer being self-pay (cash). Additionally, they have actually several exclusive contracts and their standard visit yields $110.
They have actually strong financial growth along with 2014 revenues of merely over $3.3 million, which is a considerable increase from $2.5 million in 2013. Their EBITDA is equally impressive along with over $1.3 million in 2014. Additionally, 2015 looks to be even stronger along with several brand-new insurance contracts that more than double their existing reimbursement rates.
The doctor/owner/operator is seeking part-time employment after the very first transition period, he is looking to spend more time along with his grandchildren and is therefore seeking a partial exit. For further information, questions, or to submit an offer, please email or contact Bradley Smith at 817-793-3773.