1,700+ Medicare Lives 40-year Family Medicine Practice

Description

Family medicine practice for sale in Northern Delaware.

The practice has been operating for more than 40 years and serves approximately 5,624 active patients across two locations.

2024 gross revenue was approximately $4.7 million.

The asking price is $1,800,000.

Medicare and value-based care

• More than 1,700 active Medicare patients
• ACO participation
• More than $500,000 in reported annual Medicare shared savings
• Chronic Care Management program generating more than 20% of revenue
• More than 1,000 chronic care patients managed each month
• Additional value-based care contracts
• Patient-Centered Medical Home infrastructure

The practice averages more than 20,000 patient visits annually and approximately 54 new patients per month, primarily through referrals.

Physicians typically see about 18 to 20 patients per day.

Clinical team

• 10 providers
• 1 Licensed Clinical Social Worker
• 31 support staff across two locations

Services

• Preventive and primary care
• Medicare Annual Wellness Visits
• Diabetes, hypertension, asthma, COPD and CKD management
• Behavioral health and psychotherapy
• Home visits for homebound patients
• Women's health services
• IUD and Nexplanon insertion
• Minor procedures and in-office diagnostics
• Telemedicine

Payor mix

• Commercial insurance: approximately 53%
• Medicare: approximately 31%
• Medicaid: approximately 16%

Seller financing of approximately $300,000 may be available to qualified physician buyers, subject to agreed terms.

The seller reports more than $500,000 in annual Medicare shared savings. Buyers should independently verify ACO attribution, shared-savings history, contract terms and the extent to which these arrangements may continue after a change of ownership.

Any transfer of the practice, patient records, payer agreements, ACO participation, prescribing authority and clinical operations is subject to applicable Delaware healthcare, privacy, licensing and regulatory requirements.