Monterey County Family & Geriatric Practice
Business Description
An established primary care practice is available for acquisition in California. The practice has built a stable, Medicare-weighted patient panel, strong patient relationships, and an established foundation for value-based care. The practice offers an established operating platform and experienced support team. The owner is transitioning out of the practice.
KEY INVESTMENT HIGHLIGHTS
Approximately 550 attributed senior lives, providing an established foundation for a value-based-care strategy
• Consistent historical financial performance
• Strong historical revenue and seller earnings
• Medicare-weighted payor mix with an established patient base
• Strong Medicare Annual Wellness Visit participation and patient engagement
• Approximately 1,500 active patients and 5,000 annual encounters
• Bilingual physician and support team serving a diverse patient population
WHY THIS PRACTICE
For a physician seeking ownership, this practice offers an established platform with patient relationships, referral sources, established value-based-care infrastructure, electronic medical records, outsourced revenue-cycle support, and an experienced bilingual support team. The current owner has created an efficient operating model that provides a buyer with an established platform from day one.
For a regional primary care or multispecialty group looking to expand in California, the practice offers an established patient base, Medicare concentration, value-based-care infrastructure, and additional capacity for growth. The established senior patient base provides a platform that would otherwise take significant time and resources to develop organically. The bilingual team and adjacent expansion space provide a clear path to increased capacity.
FINANCIAL SUMMARY
Historical financial performance and detailed financial information are available to qualified buyers following execution of an NDA.
TRANSACTION
Transaction terms and detailed financial information are available to qualified buyers following execution of an NDA.
NEXT STEP
A signed NDA grants access to the full Confidential Information Memorandum, which includes detailed financial breakdowns, payor mix analysis, complete service-line revenue, lease documentation, and other operational detail. Serious inquiries only.
In Association with Strategic Medical Brokers.
KEY INVESTMENT HIGHLIGHTS
Approximately 550 attributed senior lives, providing an established foundation for a value-based-care strategy
• Consistent historical financial performance
• Strong historical revenue and seller earnings
• Medicare-weighted payor mix with an established patient base
• Strong Medicare Annual Wellness Visit participation and patient engagement
• Approximately 1,500 active patients and 5,000 annual encounters
• Bilingual physician and support team serving a diverse patient population
WHY THIS PRACTICE
For a physician seeking ownership, this practice offers an established platform with patient relationships, referral sources, established value-based-care infrastructure, electronic medical records, outsourced revenue-cycle support, and an experienced bilingual support team. The current owner has created an efficient operating model that provides a buyer with an established platform from day one.
For a regional primary care or multispecialty group looking to expand in California, the practice offers an established patient base, Medicare concentration, value-based-care infrastructure, and additional capacity for growth. The established senior patient base provides a platform that would otherwise take significant time and resources to develop organically. The bilingual team and adjacent expansion space provide a clear path to increased capacity.
FINANCIAL SUMMARY
Historical financial performance and detailed financial information are available to qualified buyers following execution of an NDA.
TRANSACTION
Transaction terms and detailed financial information are available to qualified buyers following execution of an NDA.
NEXT STEP
A signed NDA grants access to the full Confidential Information Memorandum, which includes detailed financial breakdowns, payor mix analysis, complete service-line revenue, lease documentation, and other operational detail. Serious inquiries only.
In Association with Strategic Medical Brokers.
About the Business
- Years in Operation
- 21
- Employees
- 4 Full-time
- Facilities & Assets
- Established medical office with dedicated clinical and administrative space, procedure capabilities, and additional expansion capacity available through the landlord. Detailed facility and lease information is available to qualified buyers following execution of an NDA.
- Market Outlook / Competition
- California's primary care market creates opportunities for established independent practices that differentiate through accessibility, continuity and direct physician access. This practice benefits from a strong word-of-mouth referral pipeline and bilingual service. Long-term growth is supported by continued demand for primary care and accessible, relationship-based care.
- Opportunities for Growth
- Several identifiable growth opportunities are available without changing the core practice model: (1) reopen the patient panel; (2) build out the adjacent space and add a second provider; (3) launch a Chronic Care Management program suited to the Medicare-weighted patient base; (4) add cash-pay ancillary services; and (5) bring currently referred-out procedures in-house.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Owner transitioning out; will not practice medicine after sale.
- Transition Support
- Seller is willing to provide transition support and overlap arrangements by mutual agreement. Established electronic medical records and outsourced revenue-cycle support are already in place, allowing for a streamlined transition.
Listing Info
- ID
- 2550909
- Listing Views
- 10
Listing ID: 2550909 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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