Practice Features:

• The current physiatrist is available to stay on for about 3 years

Payors:

• 60% – 65% Medicare, very little PI, commercial insurance
• Is in-network with most carriers

 Finances:

• Has gross receipts of $700K, net $400K; the practice keeps about 55% of the receipts
• Can provide the majority of payment upfront and then spread the rest over 3 years
• The current owner rents the space for $6,000/month

Cost:

• Approximately $600,000, it depends on the arrangement such as how long the current physiatrist stays on

You’ll [ . . . ]

 

• Enjoy the great collegiality at this well-established, successful group
• Great lifestyle choice with flexible hours and the perfect balance of work and leisure time
• Support of your own medical assistant
• High physician retention and great practice reputation

PRACTICE FEATURES:

• One of the largest, if not the largest, private physiatry group in NJ with 12 physiatrists
• One of the most long-standing private physiatry groups in NJ with 34 years in operation
• 5 offices in New York and Northern NJ
• A comprehensive spine, sports and occupational rehabilitation center
• They offer physiatry services, physical and [ . . . ]