This well-established rheumatology practice is centrally located in Broward County, Florida, and has developed an excellent reputation for providing comprehensive, patient-focused care. The practice presents an outstanding opportunity for a physician or strategic buyer seeking to acquire an established specialty medical practice with significant growth potential.
A key growth opportunity is the addition of in-house infusion services. Infusion treatments are currently outsourced, providing a new owner with the ability to increase revenue by bringing these services into the practice. The existing 2,800-square-foot office offers ample space to accommodate an infusion suite without requiring any expansion.
The practice operates from leased office space in a professional medical office complex. The current lease rate is approximately $4,000 per month, providing an attractive and manageable occupancy cost. The practice is supported by two full-time employees who provide continuity of operations and help maintain an efficient patient experience. The practice currently utilizes NextGen Electronic Medical Records, or EMR, for its patient and practice management needs.
The practice is currently credentialed with Aetna, Blue Cross Blue Shield of Florida, CarePlus, Cigna, Devoted Health, Freedom Health, Medicare, Oscar, Preferred Care Partners, Tricare, and UnitedHealthcare through AARA.
The practice’s payor mix consists of 15% Medicare, 10% Aetna, 15% Florida Blue/Blue Cross Blue Shield, 20% Oscar, 10% UnitedHealthcare, 15% CarePlus, and 15% Preferred Care Partners, for a total payor mix of 100%.
This turnkey rheumatology practice combines an established referral base, favorable payer relationships, low occupancy costs, an experienced support staff, and immediate opportunities for revenue growth. These attributes make the practice an attractive acquisition opportunity for both individual physicians and strategic healthcare groups.
