Sold
Annual Revenue - $687,000
Size - 2,501 sqft
Annual Owner Compensation: $226K
23-year-old Oregon Interventional Pain Management Practice for sale. Ashland Oregon area.
Owner/Physician and dedicated staff of five: two Medical Assistants, one Office Manager/Receptionist/Billing Supervisor, one Bookkeeper, One Billing/Collections all willing to stay on and assist in smooth transition.
This interventional pain management practice for sale is focused on spine and sports medicine. Founded in 1998 and opened and ASC in 2004. The clinic averages 22-25 patients per day.
Fluoroscopic guided spine procedures including but not limited to all diagnostic and treatment of spine related disorders, nerve blocks, steroid injections, RFAs, SCS, PNS. Regenerative Procedures including PRP, Prolotherapy, Perineural Injection Therapy (Lyftogt procedure), BMAC. Regenerative procedures using both Fluoro and US guidance. Approximately 20-30% of the practice low dose pharmacological management.
Facilities include: 2500 SF leased space in a stand-alone building located in Medical Office complex with other medical service providers including an ophthalmology practice and surgery center where fluoroscopy procedures performed. Medical complex built in 2004. Surgery Center OR customized for Pain Practice, fully equipped with new Fluoro (purchased 2 years ago), RF, and all other pain-related equipment. Staff at ASC has performed Pain procedures since opening. Welcoming waiting area with reception, three exam rooms, front office space, two provider labs, lab space. Ample parking, beautiful setting, located one block from hospital. Front and back office fully equipped with owned office equipment including computer systems and phone system. Practice owns GE Logiq E R95 portable US system with HF linear and Curvilinear 4-12 HZ Probes. EMR system with PrognoCis. $3050/mo. rent.
Lease expiration April 2024.
Marketing efforts include consistent provider referrals, print, radio and digital advertising. Online presence can be expanded for additional visibility.
Existing ancillary revenue streams include anesthesia billing services provided to hospital anesthesia group. This current contract generates approximately $7500/month in revenue using APC staff. Main growth opportunities include expanding Regenerative Services, IV Infusion Therapy, Alternative
Pharmacological options including low dose ketamine, low dose naltrexone, Hormone Management, Wellness Management, Sexual Health (O-shot, Pshot). A secondary potential revenue stream is ASC ownership with a 12-18 month trajectory.
The pain practice for sale is located in Ashland Oregon. Ashland is a cultural destination, with award- winning galleries, theaters and restaurants. Ashland is ranked in the top 10 of “The 100 Best Small Art Towns in America,” and is home to the Oregon Shakespeare Festival. Nestled at the base of the Siskiyou and Cascade mountain ranges, Ashland has a reputation for great outdoor recreation.
For details on this medical practice for sale opportunity or for more information on
How To Sell Your Medical Practice, please call (512) 659-0643 or email: info@tinsleymedicalpracticebrokers.com
Sean Tinsley
Tinsley Medical Practice Brokers
http://tinsleymedicalpracticebrokers.com