Texas Pain Management Practice For Sale – $1.8M Annual Revenue – Wichita Falls
Annual Gross Revenue: $1.8M
Annual Physician Compensation: $800K – $1M
Asking price: $1.5M
Busy 32-year-old Wichita Falls Pain Management Practice for sale. The Owner/Physician is willing to stay on and assist in smooth transition.
The practice is focused on interventional pain management procedures. The clinic averages 40-50 patients Mondays and Wednesdays and 25 patients on half-day Fridays including follow-ups and new patients. Tuesdays and Thursdays average 40 procedures per day. Procedures done under fluoroscopy include Cervical, Thoracic and Lumbar facet injections and rhizotomies; SI injections and rhizotomies; and Lumbar ESI. Some joint injections are performed under fluoroscopy and some are performed under ultrasound guidance. Equipment includes a Stryker Rhizotomy machine, a Neuromaz EMG machine, a GE Ultrasound machine and a C-arm X-ray machine.
Facilities include: Ample waiting area with reception, three exam rooms, nurse station, recovery room, medical imaging room with C-arm x-ray machine, office, and storage. EMR system with NextGen. 3,208 SF total current leased space.
Marketing efforts include consistent provider referrals, print, radio and digital advertising. Online presence can be expanded for additional visibility.
Multiple opportunities for expansion include adding PA/NP to grow follow up care volume. Regenerative medicine for joint pain is in high demand in this area. Patients currently must travel to Dallas for these services. Pain pumps and permanent installation of dorsal stimulators with on-going pain pump management can contribute to ROI. Durable medical equipment including back braces, quad and walking canes can also be added.
The Texas pain practice for sale is located in close proximity to Sheppard U.S. Air Force base, one of the largest area employers and home to a jet pilot training program for both USAF and NATO pilots. The Wichita Falls offers abundant outdoor life including trails, parks and waterfalls.
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.