Successful Paperless Practice in West Texas!

West Texas - General - Listing #1825


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Established in 2015, this thriving general practice is located in a highly trafficked area of West Texas near restaurants, hotels, and other retail areas. The payment breakdown is 60% PPO and 35% fee for service with 2020 gross collections totaling $766,335.

The completely paperless and fully digital practice is equipped with updated and new key equipment such as an IT server, Dental Sterilization Lab autoclave and instruments, as well as one wall-mounted x-ray, two mobile x-ray units, a Pano, an Intraoral camera, and a Cerec. This practice operates in a 2,200 square feet free space inside a professional building complex with 4 operatories for the dentist, one operatory for the hygienist, plus an additional operatory that is plumbed but not equipped.

This practice is known as full-service dental practice that serves five counties of a 25,000 population area. The staff are all bilingual allowing for clarity in communications with a kind, caring, and focused atmosphere.



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2015
Year Practice Was Established in Current Location: 2015
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: No
Average Number of Days Doctors Work per Week: 5.0
Average Number of Days Hygiene Dept. Works per Week: 5.0

PATIENT BASE

Approximate total active patients: 5071 (past 18 months)
Approximate total active patients on hygiene recall: 250
(past 18 months)

Average number of new patients per month: 918
Approximate percentage of practice income breakdown:
FFS and Cash: 60%
PPO: 35%
HMO and Capitation: 2%
Medicaid: 3%

LEASE INFORMATION

Current Monthly Lease Rate: $2,979
Lease Expires on: 2024
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 39%
Preventive: 15%
Restorative: 17%
Endodontics: 1%
Periodontics: 3%
Prosthodontics, fixed: 2%
Oral Surgery: 5%
Orthodontics: 3%
Other Services: 7.9

COLLECTIONS

Gross Annual Collections for 2020: $766,335
Gross Annual Collections for 2019: $1,045,906
Gross Annual Collections for 2018: $844,562

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 1
Facility Space (sq ft): 2,200
Facility Expandable: No
Type of Building: Professional Building 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: 4
Practice Software: Open Dental
Level of Computerization: Completely Paperless
Panorex: Yes
Intraoral Camera: Yes
Cerec: Yes
Nitrous Oxide: Portable Unit