Texas Tele-health psychiatry practice
Business Description
The firm is an independent psychiatry clinic in a large Texas city with one location serving over 35,000 patients for over 16 years. The clinic treats patients of all ages for all non-violent psychiatric conditions, primarily using medication or via Transcranial Magnetic Stimulation, or other methods depending on the patient's needs. Most patient encounters are with the team of six W2 Physician Assistants, overseen by a board certified Owner-Medical Director. The majority of patient visits are tele-medicine, and two PAs provide care from their homes around the country. Most patients are with the clinic for many years and the clinic has always maintained a long list of interested new patients. The practice has contracts with numerous insurance providers, including TriCare and commercial insurance, but do not take Medicare or Medicaid. The Medical Director and PAs are credentialed with all payors. The majority of patients use private insurance, and approximately 20% self-pay.
Real Estate
Leased
Providers
One supervising MD (Owner), six Physician Assistants
Medical Equipment
Transcranial Magnetic Stimulation (pay per use)
EMR
Psychiatry Cloud as of 2025. Providers type into the medical record during the encounter, and biller vendor works directly in the EMR.
Transaction
The Owner is of retirement age and seeks a 100% buyout. The Owner is willing to retain some responsibility post-close, but in an advisory capacity.
Real Estate
Leased
Providers
One supervising MD (Owner), six Physician Assistants
Medical Equipment
Transcranial Magnetic Stimulation (pay per use)
EMR
Psychiatry Cloud as of 2025. Providers type into the medical record during the encounter, and biller vendor works directly in the EMR.
Transaction
The Owner is of retirement age and seeks a 100% buyout. The Owner is willing to retain some responsibility post-close, but in an advisory capacity.
About the Business
- Employees
- 12
- Facilities & Assets
- A leased office space in a great location
- Market Outlook / Competition
- One of the longest standing psychiatry practices in the area.
- Opportunities for Growth
- Bring on additional providers to meet high demand.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2370839
- Listing Views
- 614
Listing ID: 2370839 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.