Family/Internal Medicine Business in New York - 36405

Financing

$425,000 Down and $100k over 2 years @ 6%

Business Description

For sale: A well-established Internal/Integrated Medicine Practice with 22 years of operation. Located in a professional suite within a private residence. The doctor currently sees patients five days a week, with an average of 20 patients per day and 100 per week, including 25-30 new patients each month. The practice serves a registered patient base of 2,000, with referrals from insurance companies, specialists, and word of mouth. Staff includes two receptionists and one Medical Assistant. The practice accepts a wide range of insurance plans, including Medicare, Medicaid, Fidelis, WellCare, Cigna, UHC, Oxford, Empire BCBS, Emblem, GHI, HIP, Aetna, and all MLTC plans. Telehealth services are available. There are no capitated patients. The office has access to a basement for storage of files, medical equipment, and supplies. Services provided include well and sick visits, annual visits, physical exams, EKG, blood pressure monitoring, diabetes and thyroid treatment, arthritis and UTI treatment, and management of everyday infections, illnesses, colds, and flu. Blood drawing is available on-site. Vaccinations offered include COVID, Flu, Pneumonia, and Tetanus. Testing services include Flu, COVID, Strep, Tuberculosis, and more. The practice also offers vitamin and infusion treatments as part of its integrated services. Pain management services include injections for joint and lower back pain. Minor surgical procedures are performed for lacerations, cysts, and joint issues. Exam Room 1 is equipped with an examination table, EKG, wall-mounted and portable blood pressure machines, pulse oximetry, and a wall-mounted ophthalmoscope and otoscope. A refrigerator for vaccine and injectable storage is also available. Exam Room 2 includes similar equipment. The practice is seeing a return of patients previously affected by COVID and currently has a waiting list for appointments. This is an excellent opportunity for a physician looking to own a profitable, established practice. The patient base includes Russian-speaking individuals. The seller is open to offering financing to a qualified buyer. For more details, contact broker Joseph Stansky at 631-383-3109.

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