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How Much Is My Practice Worth?

February 1, 2019 Rebecca

Stunning Classic Northern Kansas Practice for Sale

Stunning Classic Northern Kansas Practice for Sale

Finally, a perfect practice in a charming city in Northern Kansas is on the market! There is a stunning classic Northern Kansas for sale in a small, idyllically town that is lucky enough to have essentially no competition! This practice has GREAT goodwill through the upstanding reputation from the existing doctor, the longevity of the staff, and furthermore, the loyal patient base. Above all the location of the practice can’t be beat – located in a retail space, practically no marketing is needed!

  • 6 fully-equipped traditional operatories
  • Over 8300 Active Patients, with another 2,000 in Recall
  • 15 Average New Patients a Month
  • Collections over $1.2 Million
  • Net to Doctor after loan payment nearly $620k

Even more information about this most noteworthy practice included below:

Patients

  • A total of 8,367 Active Patients with another 15 new Patients a Month
  • Inactive Patients: 567
  • Number of Hygiene Days/Week: 7.5
  • Approximate Number of Patients in Recall: 2,063
  • Patient Files in Office are By: Individual
  • Source of Patient Numbers: Practice Management Software
  • Number of New Patients During 2018: 127
  • Last Complete Chart Audit: Daily
  • Plans Accepted: Delta Dental and BCBS
  • Patients Pay with Insurance: 51.6%
  • Patients Pay with Cash: 48.4%

Patient Demographics

  • Ages 0-9: 2.3%
  • 10-19: 5.8%
  • 20-29: 9.8%
  • 30-39: 14.5%
  • 40-49: 11.4%
  • 50-59: 12.0%
  • 60-69: 11.9%
  • 70+: 19.2%
  • Unknown: 13.1%

Production Summary by Category

  • Diagnostic ………………… 20.9%
  • Preventive ………………… 14.4%
  • Restorative ……………….. 49.7%
  • Endodontics ……………… 2.3%
  • Periodontics ……………… 1.4%
  • Prosthodontics ………….. 2.7%
  • Implant …………………….. 1.0%
  • Fixed Prosth ……………… 5.4%
  • Oral Surgery ……………… 1.7%
  • Orthodontics ……………… 0.1%
  • Adjunct Service……….. 0.4%

Act Now!

To learn even more about this incredible opportunity, please contact Kaile Vierstra with Professional Transition Strategies at: 719.694.8320 or kaile@professionaltransition.com

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