Premiere Pediatric Cardiology Practice For Sale

Jackson, MS

Seller Financing Available

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Asking Price:$650,000
Gross Revenue:$1,023,527
Established Year:2012
Cash Flow:$300,142
Rent:$4,399/Month
BUSINESS DESCRIPTION

Pediatric Cardiology Practice Posed for Growth

The founding physician established this practice to provide expert care in pediatric cardiology and has led it through significant growth over the past twelve years. The practice is built on core values: prioritizing patient care, ensuring needs are promptly addressed, and fostering a pleasant work environment where staff are treated like family.

The practice offers a wide range of services for pediatric patients with an average age of 14. They specialize in evaluating children with congenital heart disease and see patients referred for chest pain, heart murmurs, irregular heart rate, and dizziness. Additionally, the practice has a significant number of patients presenting with symptoms of dysautonomia.

The services provided include EKG, echocardiography, fetal echocardiography, exercise stress testing, placement and interpretation of Holter monitors, and long-term event recorders. Although lab work is outsourced, they offer head-up tilt testing with a tilt table and venipuncture. Recently, they acquired a pulmonary function machine for basic spirometry and have a room available for administering IV fluids to patients. The practice offers specialized care for POTS (Postural Orthostatic Tachycardia Syndrome) patients. It is one of the few in the area that manages propranolol therapy for the treatment of infantile hemangiomas.

The payor mix comprises 28.94% Medicaid, 44.67% Commercial, and 26.39% Self-Pay/Other. The practice also draws patients from Vicksburg, Meridian, Hattiesburg, Greenville, Natchez, Brookhaven, and McComb, as well as from the metro Jackson area.


DETAILED INFORMATION
Location
Jackson, MS
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,501
Lease Expiration
31/12/2025
Employees
7
Facilities
This 2,501 SF medical office is located next to a regional hospital. It is designed for efficiency and comfort, featuring a spacious layout tailored to meet the needs of both patients and staff. The office includes a waiting room, reception area, 4 exam rooms, 2 private offices, 2 patient restrooms, 1 staff restroom, 1 staff lounge, 1 nurses’ station, and 2 storage rooms.
Growth & Expansion
Several critical factors influence the demand for pediatric cardiologists in Mississippi. The prevalence of congenital and acquired heart conditions among children drives the need for specialized care, and higher birth rates in the state could potentially increase the incidence of such conditions.
Financing
$130,000 to qualified physician buyer upon approved credit
Support & Training
The founding physician owner is committed to ensuring a smooth transition of the practice to the new owner so that it can continue to uphold the high standards of patient care.
Reason for Selling
Owner is preparing for retirement
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Shaun
Rudgear
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Shaun Rudgear