Established Texas Cardiology Practice For Sale – $850K Annual Revenue – Houston, Texas
Well-established 7 yr. old cardiology practice in desirable Pearland Texas area.
Asking price: $650,000.00.
Option of seller financing available if needed.
$850K in annual gross collections with substantial growth potential. Physician/Seller to stay on short term to assist in smooth transition. Well-trained and dedicated staff to remain in place.
Excellent opportunity to grow an existing cardiology practice by adding outpatient telemetry, outpatient and home blood pressure monitoring, and outpatient nuclear imaging with development of nuclear lab with nuclear lab technician.
The practice is located across the highway from two medical centers, HCA Houston Healthcare Pearland and Memorial Hermann Pearland Hospitals. The Physician/Seller is well connected with administration in both hospitals and has served on the medical executive committee at HCA Houston Healthcare Pearland. These two hospitals provide immediate chest pain, stroke and heart- intervention services for those patients living south of Pearland to Lake Jackson and along the Highway 288 Corridor.
The practice is surrounded by multiple medical and healthcare related offices within the same building complex which helps facilitate patient referrals. There is ample free parking available for the clinic.
This Houston cardiology practice for sale averages 18-30 patients per day with three full days and two half days during the work week with alternate Saturday mornings available for patient convenience. Utilizes eClinicalWorks EMR (electronic medical records) with over 2000 active patient charts. The practice maintains a parallel paper chart for each patient which facilitates efficient review of labs/test results and older records. It also provides a backup system in case of internet or power failure. Three clinic work stations, one front desk, and three triage/back office stations are hard wired to provide seamless EMR.
Pearland is part of the Houston – The Woodlands – Sugar Land Metropolitan Statistical Area, the fifth largest MSA in the United States. Pearland is located approximately 30 minutes from Downtown Houston offering world-renowned cuisine, arts and cultural entertainment and world class Houston professional sports.
Marketing is done through patient and physician referrals and relationship development with local urgent care, primary care, specialist and other cardiologists for arrhythmia evaluations.
Seller Financing Available for this Texas cardiology practice for sale. 100% Bank Financing also available with approved credit. Please 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 valuation, 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.