Physician Practice & Billing Company #86202117

This practice which was started in 2014, is a pulmonary clinic, with an add-on branch specifically for diagnosing certain sleep disorders and other breathing related issues. The pulmonologist clinic sees patients for a variety of different lung related issues including: chronic obstructive pulmonary disease, lung cancer, interstitial diseases, Mesothelioma, and other COVID-19 related side effects. This clinic is able to conduct a variety of different tests and examinations for patients to ensure a high degree of accuracy when diagnosing patients. Some of the tests this clinic performs are: in-house sleep studies, bronchoscopies, endobronchial ultrasounds, lung drainage, pulmonary consultations, as well as providing therapeutic sleep products and supplies for diagnosing patients with sleep irregularities and difficulties. Location: Texas Year Established: 2014 Number of Employees: 50 Real Estate: Owned Building Sq. Ft.: 6,000 Facilities: This business operates out of two locations, both 3,000 SF (6,000 SF total). The medical entities only occupy half of the space, and they rent the other half out to other medial practices. Market Outlook/ Competition: Highly Skilled Team— This pulmonologist clinic offers patients access to some of the most experienced physicians in the DFW Metroplex. These physicians have extensive experience in lung and sleep practice, and have won numerous accolades in their field. • Differentiated Services– This clinic offers patients numerous testing capabilities and diagnostic testing that is highly differentiated from rival clinics. The sleep study practice is the only overnight sleep study in its geographic area. • Strong Growth Opportunities– There are numerous opportunities for a new buyer to step in and grow operations. Ownership notes they are putting in an imaging clinic directly next door to existing operations, and there are also numerous ways to reduce operating expenses and increase profitability. • Strong Revenue Growth— The medical practice had a CAGR from 2018 -2020 of 37%, and the rental entity experienced a CAGR of 6% in the same period. Ownership expects this upward trajectory to continue in the pro forma period. Growth & Expansion: *Geographic Expansion *Hire additional physicians *Utilize additional space in the medical practices