Established Georgia Pediatric Practice High Growth Potential
Gross Revenue: | $1,215,000 |
Established Year: | 2005 |
EBITDA: | $418,000 |
Reputable pediatric practice with room for expansion
An excellent opportunity to acquire a thriving pediatric practice located in a bustling region of the Metro Atlanta region of Georgia, serving a diverse patient base. With a solid reputation, over 19 years of community service, and a proven track record, this practice is ideal for a healthcare provider or group seeking to expand or enter the pediatric market. This well-established business offers a comprehensive range of pediatric services and is poised for significant growth with additional marketing and staffing.
An exceptional opportunity to acquire a well-established pediatric practice located in bustling region of the Metro Atlanta region of Georgia, serving a diverse patient base. This fully staffed practice has been a cornerstone of the community for over 19 years, delivering comprehensive care to patients from birth to age 21. The current owner, who does not see patients directly but manages the staff that do, has set the foundation for a smooth transition, allowing a new owner to step in seamlessly and immediately benefit from the clinic’s efficient operations, established patient base, and dedicated team. With ample opportunity for growth and expansion, this practice is perfect for a healthcare professional or group looking to take over a well-run, thriving pediatric office.
This thriving pediatric practice operates out of a 3,300 sq ft standalone building in a small office park with ample parking. The space is designed to maximize efficiency and patient care with 9 exam rooms (5 on one side, 4 on the other), each fully equipped with exam tables, sinks, and otoscope/ophthalmoscope wall units. The layout includes two large, separate waiting rooms (one for sick, one for well visits) in compliance with AAP guidelines, two check-in areas, a large front office, and three restrooms (one inside the staff break room, one patient restroom is handicap-accessible). The practice also features two provider offices, one large enough for two providers, a CLIA-waived lab with necessary equipment, and separate storage rooms for medical supplies and vaccines. The facility is fully equipped with electronic digital thermometers for vaccine refrigerators and freezers. The lease on this spacious, highly functional office expires in May 2028.
The robust practice has an established patient base and a strong referral network, seeing an average of 38 patients per day, with an average reimbursement per visit between $120 and $150. The patient base is comprised primarily of Medicaid/Medicaid CMOs (75-80%), private payors (10-15%), and self-pay patients (5-10%). The practice enjoys strong referral relationships with OBGYN offices, refugee agencies, and group homes, ensuring a steady stream of new patients.
The well-trained and dedicated staff is highly skilled in both clinical and administrative tasks. The team includes a board-certified pediatrician, a full-time nurse practitioner, and experienced medical assistants who are well-versed in procedures such as spirometry, EKGs, OAE testing, venipuncture, and more.
The practice offers a wide range of services, including well-child exams, vaccinations (VFC and private stock), and treatment of acute and chronic pediatric conditions. The clinic is equipped with EKG machines, spirometry, OAE testing, and vaccine refrigerators/freezers, ensuring all essential medical equipment is in place for providing top-tier care.
The practice utilizes Sevocity, a user-friendly and efficient EMR system that streamlines operations, patient records, scheduling, and billing. The group currently generates strong revenue, with significant potential to scale. If the practice increases from the current 1.5-1.75 FTE providers to 3 FTE providers, annual revenue could easily reach $2.8 million. Additionally, the practice has numerous patients who could be contacted for wellness checks and vaccinations, further increasing revenue.