Strategic Partnership Opportunity
This new, spa-like center in a modern medical complex completed its full year of operation in 2015 and is poised for growth. They have a complete set of modalities in the center, with high field (3T) MRI, PET/CT, Mammography, US, DEXA, and X-ray. The capital cost of all the equipment, buildout and furniture and fixtures is about $3.8 million dollars, most of which is paid off except for about about $1.3 million remaining on the equipment.
Although they are on the cusp of becoming very profitable, they would like to partner with an experienced company that knows this industry well. The partners have their core business in construction and mining and are from out of state. They however have put together a good team that runs day to day operation. The center is located in a very desirable and affluent city close to two large cities.
- The Center can bill all important insurance companies with its contract with a radiology group and has excellent reimbursement rates.
- It has a good manager and team in place and a wide pool of referring physician.
-It is expected to grow by another 20%+ next year due to higher reimbursement rates with the radiology group as well as due to implementation of EMR system connecting them to key referring physicians.
- All major modalities including PET/CT and 3-T MRI
- Sub-specialty interpretations
- On site coverage every day
- Superior customer service
- Location inside a complex of multiple large specialty practices in a very desirable town
-- Availability of appointments (same and next day)
- Ease of scheduling
- Competitive self-pay prices for the uninsured and underinsured
- Gross Revenue: $1.13 million (2015- first full year)
- EBITDA: $250K
Asking Price Available On Request
Profit Available On Request
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