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.
2022 | 2023 | 2024 | |
Revenue | $12,330,540 | $14,709,511 | $14,440,541 |
Adj. Ebitda | $642,370 | $1,807,904 | $2,015,403 |
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