
Northern California Occupational Medicine Clinics
Price: $895,000
Location: Northern California
Industry: Health Care and Social Assistance
Listing ID: 6377
Listing Status: Under Contract
This Management Service Organization (MSO) was established in 1992 in a Northern California metropolitan area. Over 30 years, it has grown from a mobile drug testing service to operating two occupational medicine clinics offering physician services, non-physician medical services, and drug and alcohol services to a wide range of employers for all of their worker healthcare and testing needs. As an MSO this company handles all back-end and administrative items while doctors focus exclusively on patient care. The company’s efficient systems and processes have led to its long-term success, excellent client retention, and an unbeatable customer experience. This company’s doctors typically only need to see four patients per hour, while the industry norm is six.
The business has been listed on its city’s Fastest Growing Businesses list three times in the past 20 years. The company continues to grow at a controlled rate year over year and emerged from the COVID pandemic in a stronger position. Its clients include some of the area’s largest and best-known employers. The company has consistently adapted by adding desired services in response to its annual client surveys. The company’s success is due to its focus on getting the details right. The seller has developed internal processes that are customizable to each client. It has simplified and streamlined billing and optimized patient communications. These systems ensure the smooth functioning of their busy medical offices and lead to positive experiences for patients and medical providers. The company’s reputation for quick turnaround times and a personal touch keep corporate and individual clients coming back. This is a solid business with good opportunities for growth. Clients with experience in health care service provision or management should take special notice.
Total Sales: $1,448,904
Cash Flow: $430,621
FFE: $94,000
FFE Included: Yes
Inventory: $16,500
Inventory Included: Yes
Year Established: 1992
Days & Hours of Operation: M-F 8am to 5pm
Employees: 13
Real Estate Included: No
Monthly Rent: $5,273
Training & Support: Included
