American HealthCare Capital is pleased to introduce a Rheumatology Practice for sale in Oregon. This well-established, multi-physician practice is well known for their exemplary service and personal approach. Services include Consultative Rheumatology, Bone Densitometry, In-Office Infusions, and Musculoskeletal Ultrasound. They are contracted with a large number of commercial insurances.
The company’s payer mix is 45% Commercial Insurance, 40% Medicare, and 15% Medicaid. Gross annual revenues have consistently been above $7 million. In 2020, they were on pace to exceed $7 million based on results through Q3. The practice has a database of more than 5,000 patients and a strong network of referrals that a new owner could build upon.
The staff, which includes Physicians, PAs, and Medical Assistants are all expected to stay on under new ownership. The asking price for this Rheumatology Practice for sale is $2 million.