General Practice for Sale Outside Albuquerque, New Mexico

Practice Details:

Status: For Sale
Specialty: General
Number of ops/hygiene: 3
Is equipment and office digital and/or computerized/Paperless: No, No
Insurance: 59%
FFS: 41%
State: New Mexico
Average New Patients/Month: 12
Active patients: 565
Office hours/Days: Monday-Thursday
Annual Collections: $441K
Average Overhead: 50%

This is a well-established practice for sale in a stable city west of Albuquerque. The area is surrounded by beautiful scenic views, state parks, trails and national monuments. The practice has a loyal patient base and averages 12 new patients per month. The 1,200-square-foot, single-story building is owned by the seller and available for sale. The office has three operatories, one of which is used for hygiene, and there is room to expand by one, if desired. The office is equipped with a Pan/Ceph and uses Eaglesoft practice management software.

With little marketing and 100% of new patients coming from internal patient referrals, there is an opportunity to grow with some simple changes.

The practice is roughly 41% fee-for-service, 43.5% PPO, 43.5% HMO and 15.5% Medicaid. The office is open an average of 3.5 days a week and averages $566K in production, $441K in collections and a 50% overhead.

This is a great opportunity for someone looking to grow an established practice in the surrounding Albuquerque area. Contact us today for more information.

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