Hugely Profitable Gastroenterology and Endoscopy Practice in Alaska

, Alaska 16 views 0 favorites

Financial Highlights
Asking Price
$995,000
Revenue
$1,910,051
Business Description

Alaska Medicine and Endoscopy, LLC (AME) is a prosperous, well-known and respected gastroenterology and endoscopy practice that has been flourishing in the Fairbanks area for almost 20 years. Imagine netting well over $1 million per year in your own private outpatient procedure-based practice. No additional marketing necessary--the reputation of this practice, along with its top Google-ranking and online reviews, keeps a steady flow of new patients streaming in. A fully equipped private office for procedures, electronic health records systems and exceptional support staff will help you transition into this new opportunity. Add more hours or more practitioners and you have the opportunity to add even more abundance to an already prosperous practice. Whether you are a physician who is just finishing residency training, or one who is becoming disgruntled with the impersonal and over-controlling physician-as-employee system, this practice is proof that the private practice setting is still alive, well, and in demand by patients. Step into this rare, once-in-a-lifetime, turn-key opportunity to run the practice of your dreams. Call or email us today, come by and spend some time with us, and be thriving within a couple of short months. Location: Fairbanks, Alaska Year Established: 1996 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 2,500 Rent: $4,500.00 Per Month Facilities: Upon purchase, the new owner will receive all patient records and equipment in addition to supplies. The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number; website; logos and identifying information; NextGen’s HealthFusion web-based EHR billing, scheduling, and patient communication system; and clinic-related financials. Market Outlook/ Competition: AME is the only upper- and lower-GI scoping clinic in the Fairbanks area. As such, most patients are referred by other practitioners or through the local hospital, while some patients find the clinic via word-of-mouth or through the practice’s online presence. Most patients (roughly 70%) are commercially insured; the rest are covered by Medicare, Medicaid, and/or Veteran’s Administration benefits. The current owner has greatly increased insurance reimbursement for procedures performed in the private clinic by not charging a facilities fee Growth & Expansion: -Work more hours. or add practitioners: The current owner works four 7-hour days per week and takes up to ten weeks off per year. She estimates that another gastroenterologist would be able to scope twice as many patients as she does and could thus double their income. -Keep up with recalls. The practice currently has about 3,000 patients in the EHR system for recalls/repeat procedures. However, the clinic has been too busy to keep up with these. A new owner would greatly increase revenue simply by keeping up with recalls. + Many more options...

Business Details
Industry:
Online & Technology
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 5 hours ago

Views: 16

Favorites: 0