Established Houston Neuropsychiatric Medical Practice For Sale –– $1.3M Annual Gross Revenue
Annual Gross Revenue: $1.3M Asking price: $700K
Established 9 year-old Texas Behavioral Sciences Practice for sale in Houston Texas. This busy Neuropsychiatric practice is located between The Galleria, Memorial City and The Energy Corridor District approximately 25 minutes from Downtown Houston. The practice averages 40-50 patients per day in the medical clinic and 30 patients per day in the psychology/counseling department.
Physician Owner/Psychiatrist, three Board Certified Nurse Practitioners (NP), two Psychotherapists, one Licensed Marriage and Family Therapist (LFMT), one Licensed Clinical Social Worker (LCSW) and several support staff are willing to assist in smooth transition. A bilingual Spanish/English Nurse Practitioner is on staff to support the bilingual growing demographic. An internal medicine physician has shown interest in joining the practice this year.
The current practice specializes in diagnosis and management of neuropsychiatric disorders utilizing psychiatric evaluations, electronic psychometric scales, medication management, laboratory testing and enzymatic polymorphic testing.
The providers are passionate about multiple healing modalities with judicious use of medications when necessary. The practice recognizes that strong, trusted therapeutic alliance with a provider creates the necessary foundation where all great change can happen. The practice has strived to create a high level of trust in a safe environment providing psycho-social rehabilitation and mental health skills building in a variety of patient-centric therapeutic programs.
The practice is located in a primary 6000 sf medical office building on almost one acre of land. There are 16 exam rooms plus an executive suite with full bathroom. There is a second building on the property with 2000 sq. ft. currently unoccupied and ready for occupancy. The primary building was designed with purpose and flow to house mental health, counseling, and a primary care medical clinic. The two buildings and land are available for sale in addition to the medical practice. The current lease expires in January of 2021. Electronic medical records are managed with Valant Medical Solutions and e- prescribing is done through the software add-on, Dr.First.
Credentialed treatment programs include Azurite, an Intensive Outpatient Program (IOP) that includes English/Spanish Dialectical Behavioral Therapy groups. Azurite received the full accreditation by the Joint Commission of Accreditation of Healthcare organizations (JCAHO) in August 2019.
The Neuropsychiatric practice is located in Houston in the Houston-The Woodlands-Sugar Land Metropolitan area. The practice is affiliated with Memorial Hermann Hospital System, The University of Texas MD Anderson Cancer Center and Kelsey-Seybold Clinic. Houston is home to renowned art, sports and music venues including Minute Maid Park – home of the Houston Astros; The Museum of Fine Arts, Houston; NRG Stadium and The Toyota Center.
100% Bank Financing Available with approved credit. Inquire below.
Medical Practice Brokerage, Performance Consulting and Financing Solutions
This medical practice for sale opportunity is offered by Tinsley Medical Practice Brokers, a medical practice appraisal, medical practice brokerage, medical practice performance consulting and medical practice financing firm. Our group is a leader in physician consulting, business development, financing solutions and medical practice appraisal and pre-and post transaction consulting.