Houston Pain Management Practice For Sale – $1.3M Annual Revenue
High volume 12 yr. old interventional Texas Pain Management and Spine Practice for sale.
Asking Price: $1.3M
Net income: $945k
Annual revenue: $1.3M
This busy Texas Pain Management Practice for sale is located in Southwest Houston in the Greater Houston area and is growing 30% each year for the past three years. 40% Medicare, 10% cash, 50% insurance mix. An active network of 20+ attorneys with referrals from personal-injury cases.
Physician/seller to stay on to assist in smooth transition. Well-trained and dedicated staff of six willing to remain including three medical assistants, two coder-billers and one front desk employee.
The practice is focused on integrative pain management for migraines, spinal fusion, degenerative disc pain, back pain, head and neck pain; pelvic pain, knee, hip and shoulder pain; and complex pain management. Interventional pain procedures include spine ESI, facet blocks, peripheral joint injections, joint ultrasound diagnosis, and EMG/NCS. In-office procedures are guided with fluoroscopy and ultrasound guidance. Minimal opioid medications are prescribed. Large growth potential with financial benefits managing chronic pain patients and medication management.
The clinic facilities include 2,500 sf of leased clinic space in a busy Walmart- anchored shopping plaza. The large reception area has TV entertainment and a 250-gallon aquarium. There are ICU-open-concept nursing stations, 4 exam rooms, 1 ultrasound procedure room, 1 EMG room, 1 fluoroscopy injection suite, large doctor office, and a large staff lounge. One year left on 5-year lease with guaranteed 5 year renewable. Rent is $4,000.00/mo. including utilities and property taxes. EMR is managed with EClinical Works.
This Houston pain serves the Houston-The Woodlands-Sugar Land Metropolitan Area, which is the fifth-most populous metropolitan statistical area in the United States. The practice is located minutes away from conveniences of the big city including 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.
Growth opportunities include expansion into Workers’ Compensation patients.
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.