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Advanced Heart and Medical Center

Bakersfield, California

Asking Price: $600,000.00   FF&E: Not Provided
Gross Income: $1,200,000.00 Inventory: Not Provided
Cash Flow: Not Provided Real Estate: Not Provided
Employees: 8 Year Established: 2000
Sold: Selling the Advanced Heart and Medical Center, the first of its kind in the United States with a director who is triple board certified: in Cardiology, Internal Medicine and Bariatrics. This practice is ideal for a Non-Interventional Cardiologistdue to the shortage of NT cardiologist in Bakersfield. Established in the year 2000, the center has certain unique aspects: it is associated with the top Universities in California: UCLA, USC, UCSF, Scripps Green Hospital, Redwood City and has intimate referrals between these organizations and itself. The center is 5000 sq ft, the lease is very reasonably, the patient mix includes only private insurance 40%, private insurance and Medicare 50% and Medicare only 10%. No Medical or HMO patients are seen. The center is rented at present for one day a week to a national group that specializes in workmanís comp and does their testing procedures that relate to cardiology. The center has a very important second components namely, Bariatrics and a complete program certified by the American Bariatric Association based on diet, exercise ( there is an adjacent gym) drugs, behavior modification and the discovery of co-morbid conditions and their treatment such as sleep apnea, heart failure, strokes, cancer and psychological disorders. The center has the services of a registered dietician with a masterís degree. She specializes in diabetes. The center has programs for the treatment of Lipidology, hypertension, stroke, skeletal disorders and is associated with a major bariatric center at Cedars Sinai medical center where they have performed 150 procedures with no deaths from 2010 to the present. The center has a full service drawing station. An important consideration is the community in which the center is located which is a rapidly growing city of 500,000 people in a county with 1.2 million people. The center has ability to expand into five major satellite centers using itself as the central location for all aspects of cardiology, including cardiac surgery, ablation, valve implantation and the more modern techniques of treating bariatric patients. The patientís seen in cardiology are from the age of five and up and in bariatrics from the age of 10 up. The director of the center is a full clinical professor of medicine at UCLA who is available to enable the center to make an effective transition over time. We believe that the uniqueness of the center depends on its facilities, variety of services and the important concept of prevention. The composition of patients in this type of practice, the satellite centers and the relationship to top universities give it this uniqueness. It would be high potential for acquisition. The Doctor is looking to sell or do a partnership with an experienced physiciain. Please contact David Owji (407)252-5276 or email: David@DoctorsBroker.com

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During Transition Period

Reason Selling:

Retiring
 
Listing Broker:
David Owji
Doctors Broker, LLC
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