Half of the practices we add to our group don’t have real estate

[Joel Casillas]

I work for a group that buys medical practice all around the United States. We have some in Utah, Louisiana and Texas. The next one we are adding to our group is in Illinois. This Medical Practice has been open for 56 years and has over 15 thousand charts.

More than half of the practices we add to our group don’t have real estate attached to them but they have been in business for over 10 years.

A good medical practice with a great staff can see around 4,000 patients a year. The way our group works is we have full staff at the medical practice along with a full team that does the house calls. So we can go to patient’s home and give checkups, refill perceptions etc etc. So we can double or triple the amount of patients we see a month. That will gives us $105.00 each patient we see not including anything specific we have to do.

We have the Medical Doctor, Physician’s Assistant, Registered Nurses, Licensed Practical Nurses, Nurse Practitioner, Medical Assistant, Certified Nursing Assistants etc.

The first 647 visits on a 6 month term goes to pay the investor off every month (392 visits on a 12 month term). We will need an investment of $392,003.74. You can decide on a 6 month term at 27% or a 12 month term at 54% to pay back the investor.