Business Description
Founded in 2018, this rheumatology practice has experienced rapid expansion across Indiana, growing from a single office to seven locations with seven providers serving nearly 15,000 patients, with an eighth facility in development. The practice fills a critical need as the only rheumatology provider in these cities, addressing a significant regional shortage of specialists. Revenue comes from standard patient visits ($100-$150 per consultation) and specialized services like biologic infusions (over $3,000 per treatment).
The practice’s continued expansion is primarily fueled by a robust network of referrals from primary care physicians and medical specialists throughout the region. The owner is happy to stay on working part-time with patients and keeping his license in place, enabling the buyer to focus on growing the clinic count across a larger region without getting bogged down in the day-to-day medical side of the practice.
| 2021 | 2022 | 2023 | 2024 | |
| Revenue | $9,571,343 | $12,330,540 | $14,709,511 | $15,057,373 |
| Adj. Ebitda | $1,513,590 | $850,576 | $2,032,661 | $1,831,385 |
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