• Turn-key practice purchase opportunity at this longstanding, successful outpatient practice
• Buy the practice outright or work a few years and then take it over
• Great location
Practice Highlights:
• Established, 27-year-old private practice with an excellent reputation in the community
• Current Board Certified solo physiatrist has voluntarily reduced clinical time to three days per week
• The physiatrist specializes in the diagnoses, treatment and prevention of a wide variety of musculoskeletal disorders. These include back pain and neck pain (spine medicine), entrapment neuropathies, radiculopathies, fibromyalgia, myofascial pain syndromes, osteoarthritis, osteoporosis, connective tissue diseases and post-traumatic conditions, sports medicine, pain treatment/management, regenerative medicine, anti-aging medicine, aesthetic medicine and medical weight loss. Diagnostic studies done in the office include electromyography and nerve conduction studies (EMG/NCV) to diagnose entrapment neuropathies (carpal tunnel syndrome, ulnar & radial nerves entrapment, tarsal tunnel syndrome, meralgia paresthetica). P/VNG to diagnose peripheral and central vestibular dysfunction are performed in the office, which are treated with vestibular rehabilitation available on site.
• Treatment includes patient education, physical therapy, hand therapy, pharmacological media and interventional procedures such as trigger point injections, peripheral nerve blocks and intra-articular injections-with ultrasound guidance. Epidural blocks and lateral facet blocks are done in the office under fluoroscopic guidance.
• Services include:
o Interventional pain management
o EMG/NCS
o Fluoroscopic- and ultrasound-guided injections
o Medical weight loss
o Aesthetic medicine
• Predominantly out-of-network practice
• Strong word-of-mouth referral base
• Two office locations:
o Main office: 1,300-square-foot facility located in a building owned by the physician
o Satellite office: leased at approximately $3,500 per month
• Experienced staff of six employees, including one full-time employee
• Current annual collections of approximately $350,000 with physician salary draw of approximately $150,000
Position Responsibilities:
• Immediate opportunity available on a part-time basis with the option to transition to full-time
• Flexible schedule, ideal for physicians seeking work-life balance
• Full-time opportunity may be expanded through participation in subacute rehabilitation services in addition to outpatient consultations and procedures
Affiliation Options:
• Purchase the practice outright, or
• Join initially as an employed physician with a pathway to partnership and eventual ownership
Practice Purchase Opportunity:
Asking Price: $625,000 OBO
Included equipment:
• Two C-arms
• Ultrasound machine
• EMG equipment
• AMS equipment
• Radiofrequency ablation (RFA) equipment
Candidate Qualifications:
• Board Certified or Board Eligible/Qualified in:
o Physical Medicine & Rehabilitation
o Pain Management (Anesthesiology)
You’ll find plenty of outpatient physiatry practice opportunities when you search the Openings listed on the website of Farr Healthcare.