Rheumatology Practice For Sale Northern California.

Purchase of this suburban California rheumatology practice for sale pays for itself with income far above what you can earn in similar employment, so why work for someone else for less?

The practice is very busy, with approximately 5,000 patients, and a waiting list for new patients of 2-3 months, with the owner working 40 billable hours per week. There are enough patients for the buyer to add additional physicians or NPPs to further increase income. You must be a physician or physician-organization to buy this practice, as physician-ownership is required in California.

New patients are accepted only by physician referral. The practice is 100% out-patient, with no hospital duties. There is a call group with other rheumatologists, but call is minimal, with all patients required to have a primary care physician.

The office is approximately 1,800 square foot in size, with 3 exam rooms, one of which is used for infusions. Tenancy is now month-to-month, so the practice can renew a lease, or relocate the practice locally as desired.

Medicare, Hill Physicians, and Blue Shield are the dominant insurance providers.

Reason for sale is the retirement of the owner, whom may stay on part time temporarily to assist the new physician is assuming the practice.

Northern California offers a great lifestyle, with access to San Francisco, Napa, and Lake Tahoe in the Sierras. The lifestyle is great, with bountiful opportunities for recreation and enjoyment.

Collections: above average
Net Income (SDE): much above average
Asking Price: $289,000, including all assets and inventory

Posted May 26, 2016

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