Company Overview
American HealthCare Capital is pleased to exclusively present a Pain Management and Wellness Practice for sale located in Illinois. The practice specializes in providing interventional pain procedures under anesthesia, office visits, aesthetic treatments, IV vitamin infusion, ketamine infusion, and stem cell therapy. The practice holds an AAAASF accreditation and CLIA certificate.
The company was started by 2 physicians who recognized that the area was limited in service offerings for Pain Management and Ketamine Infusion. They set out to improve upon the traditional healthcare delivery models by offering innovative, high quality, comprehensive, on-demand medical services. The overall goal was to provide a higher level of Pain Management and Ketamine Infusion services than the area has traditionally experienced, while also enhancing the Customer Experience.
Financial Overview
Revenues are tracking at a $1.2 million run rate in 2024 with an adjusted EBITDA of about $500,000. The practice consists of over 1,000 patients. The payer mix is divided amongst self-pay, Medicare, commercial insurance (BCBS, Cigna, and UHC), workers compensation, and personal injury. The upside is substantial in the years to come through expanded hours, new Physician hires, plus the addition of new locations and services.
Staff Overview
The owners will stay active to assist with a smooth transition. The staff is expected to stay after the sale.
Asking Price
The asking price for this opportunity is $1.3 million.
