Sample Practice Sale Executive Summary

November 10, 2017

MASON FAMILY PRACTICE

JOHN MASON, MD

PRACTICE SALE EXECUTIVE SUMMARY

Practice Location

The family practice is located in Mason Texas at 4632 Mason Parkway. The office is 875 square feet. Mason is a small town on the Texas coast just 30 minutes south of downtown Llano and is along Mason Lake and Llano Bay. Population is over 12,000 people. For a history of Mason, please visit the city’s website at __________________.

Practice Demographics

The practice sees 15 – 20 patients per day. The following are the practice’s top ten payers: Blue Cross, Aetna, Medicare, United Healthcare, Cigna, Humana, Texan Plus, Cigna HealthSpring, Tricare and Wellcare.

Capitated Contracts

Cigna Healthspring pays $40.14 per patient per month (73 Members).  Cigna also issues $250 checks for each Enhanced Encounter (EE’s) for each patients the practice provides physicals through their Lumeris program online.  These checks are for Cigna HealthSpring patients only for which the practice has 69 members. Other capitated members are from Blue Cross Medicare Advantage.

Texan Plus pays a capitated payment of $30.00 per patient per month (119 Members).  This payer also issues checks for each history & physicals.

Employees

Anna Jones – $13.50 an hour – 3 years 3 months – RMA

Nikki Macka – $11.00 an hour – 2 years 8 months – RMA

Penny Johnson – $10.00 an hour – 1 year 3 months – Billing

Competitor(s)

Llano Medical Clinic, 2622 Llano Parkway, Ste B, Llano, TX – 8 miles away

Hospitals

Dr. Mason is privileged at Mason Memorial Hospital.

Office Assets

See detailed list of office assets at the end of this Summary.

Practice Collection History

The following are annual collections per the practice’s business tax return:

2016                        399,949

2015                        373,928

2014                        348,516

2013                        359,856

MASON FAMILY PRACTICE

Schedule of Office Assets

Waiting Room:

Chairs – 6 Bought in 2009

Phones – NEC – 6 Bought in 2007

Nurse Station:

Dell Computer w/Monitor Bought in 2014

Scale Bought in 2007

Refrigerator

Trash Can

Dell Printer Bought in 2014

Room One:

Chair Bought in 2009

Phone Stand Bought in 2012

EKG Machine Bought in 2001

Exam Table Bought Used in 1986

Computer Dell Bought in 2012

Neat Scanner Bought in 2013

Chair Bought in 2009

Desk Bought in 2012

Room Two:

Chair Bought in 2009

Trash Can Bought in 2012

EKG Machine

Exam Table Bought Used in 1986

Desk Bought in 2012

Dell Computer Bought in 2012

Neat Scanner Bought in 2013

Billing Station:

Dell Computer Tower Bought in 2010

Chair Bought in 2007

File Cabinet – 4 Drawer Bought in 2012

HP Printer Bought 2016

Neat Scanner Bought 2013

Office Manager’s Office:

Dell Computer Bought in 2014

Neat Scanner Bought in 2013

Desk Bought in 2007

File Cabinet Bought in 2009

Brother Printer Bought in 2009

Small Refrigerator Bought in 2010

Chair Bought 2016

Back Office:

Dell Printer Bought 2012

Brother Fax/Copier Bought in 2007

Dell Computer Bought in 2014

Desks – 2 Bought in 2007

Chairs – 2

Table

File Cabinet – 3 Drawer Bought 2015

Trash Can

Spirometry Bought 2015

Dell Monitor Bought in 2014

Click here to download Sample Practice Sale Executive Summary

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