OWN THIS PRACTICE
NO PURCHASE. PROFESSIONALLY MANAGED.
HIGH UPSIDE AND SHARED RISK
$30,000/mo projected salary with physician association in place
FREEDOM AND AUTONOMY
No punching-the-clock. You'd be your own boss.
NO MANAGEMENT RESPONSIBILITY
Practice medicine like an employee but practice business with a well-established association
WHY YOU MIGHT WANT TO OWN A PRACTICE
If you’re reading this, it’s because you want to own your first practice, or you’re already self-employed and want to own another practice, or you already own multiple practices. If the latter, the following you already know. However, if you’re currently employed by a group, or work for yourself and want to open another location, listen up!
An option for you, and a good one, is to open a (first or second) location on your own. By doing this, you give yourself the potential to have a higher upside—or higher earnings—and your clinical reach is heightened. In this process, you would need to determine geographically where to open, what kind of brand you’d like to have, which patients you’d offer your services; if you’ll work as the provider yourself, or if you’ll hire someone; furnish with furniture, medical supplies, equipment, and technology; market to prospective patients; and eventually you’ll stabilize your revenue, and pay yourself a salary. Financially, up-front you’ll need to purchase or lease the real estate and furnishings.
Ongoing, you’ll need operating capital to pay rent, staff, billing fees, and vaccines, to name the bigger ones. Operationally, you’ll run your business while simultaneously running the clinic. For a small practice like ours, you’ll need a front office staff and a nurse. They’ll need to be staffed, trained if needed, and managed. You’ll need to manage your inventory of vaccines and supplies.
Additionally, you’ll need to ensure your finances are strong, or at the least on an upward trajectory. As long as your projections of patient volume and compensation per patient is being reached, you’ll eventually stabilize.
WHY WORK WITH US IN ADDITION
Not only will you get the benefits of higher upside, you’ll share the risk with another entity, as it’s also vested—and you needn’t worry about anything besides seeing your patients. Or in the case that you’re employing the Pediatrician, providing oversight to him/her. Secondly, you won’t need to pay for ongoing costs.
See, AJ Pediatric Management already has a clinic in place, along with the lease, furnished with furniture, supplies, and technology—along with remote front office, staffing and training abilities—and most valuable of all, the operating capital needed until stabilization is reached.
"OKAY I'LL BITE BUT HOW MUCH DO I STAND TO MAKE?"
According to our substantiated projections, you can make $30,000 per month, which is $8,000 more per month than the average Dallas Pediatrician. This amount is based on average prices we've found among the most common procedures done, including office visits, physicals, vaccines, vaccine administration, and pulse oximetry. In addition, that the patient volume is 16 per day.
"YEAH, YEAH ALL SOUNDS GREAT, BUT I'LL NEED PROOF"
Below is our revenue projection for the practice. Out of the $48,000 the clinical operator will receive, $30,000 is a main line-item.
"WELL, HOW'D YOU COME UP WITH ALL THAT REVENUE?"
Based on common procedures, with fee-schedule referenced pricing.
"IT'S MAKING MORE SENSE, BUT TELL ME MORE ABOUT THESE PRICING ASSUMPTIONS"
Sure. For instance, these CPT codes are associated with 20 to 40 minute visits, which is the volume we expect.
"GO ON..."
The average physical, based on age, is listed here.
The remaining assumptions were made in the same way and listed here.
