Dallas Medicaid Practice!

Dallas - General - Listing #1752


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Own a Medicaid practice in Dallas, Texas with huge potential! This completely paperless practice is located in a spacious 3,000 square feet shopping center complex in a highly trafficked metropolitan area.

The total active patient count over the last eighteen months is 2,568 and the practice averages 44 new patients per month. This practice has a total of four equipped operatories, plus three additional operatories that are plumbed but not equipped, as well as Dexis digital x-rays and files, a WaveOne single-file reciprocating system, portable nitrous, and a play area for children.

With minimal marketing efforts, this practice offers a major untapped opportunity as it currently has no specialist revenue!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2005
Year Practice Was Established in Current Location: 2006
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 6.0

PATIENT BASE

Approximate total active patients: 2315 (past 18 months)
Average number of new patients per month: 44
Approximate percentage of practice income breakdown:
FFS and Cash: 11%
PPO: 15%
Medicaid: 74%

LEASE INFORMATION

Current Monthly Lease Rate: $6,750
Lease Expires on: 10/31/2021
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Hygiene: 67
Restorative: 20
Crown & Bridge: 3
Endodontics: 2
Periodontics: 1
Prosthodontics: 1
Oral Surgery: 3
Other: 1.5

COLLECTIONS

Gross Annual Collections for 2019: $729,046
Gross Annual Collections for 2018: $908,571
Gross Annual Collections for 2017: $1,010,143

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 3,000
Facility Expandable: No
Type of Building: Shopping Center Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 10
Practice Software: Eaglesoft
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Nitrous Oxide: Portable Unit