For over three decades, the company has been at the forefront of providing specialized care for individuals struggling with sleep disorders and attention deficit disorders. The clinic, located in the Detroit Michigan Area, is dedicated to offering the highest quality of care, backed by years of experience and expertise in the field of clinical neurophysiology.
Key Distinctions: As a longstanding sleep medicine practice in the area, the company has established a strong reputation and a loyal patient base. This longevity speaks to the clinic’s commitment to providing quality care over many years. Additionally, the clinic’s accreditation by the American Academy of Sleep Medicine further validates its adherence to high standards of practice.
Competitive Advantages: One of the company’s competitive advantages is its comprehensive range of services. Beyond sleep medicine, the clinic also offers attention deficit treatment and clinical research. This breadth of services allows the clinic to cater to a wider range of patient needs. Furthermore, the company enjoys a robust referral network from local physicians, contributing to a steady stream of new patients. This network reinforces the clinic’s reputation as a trusted provider of sleep medicine services.
Services and Clients: The company offers a range of specialized services, including:
The clinic primarily serves adults aged 18 to 80. Most of its clientele, approximately 90%, seek treatment for sleep disorders. The remaining 10% of patients are diagnosed with attention deficit disorders. The clinic caters to a local patient base within a 20-mile radius of its location.
The seller is looking for someone who doesn’t need any bank or seller financing.
Reason for Selling: The owner plans to retire.
This medical service provider, with a rich history spanning over four decades, stands as a leading healthcare entity in Metropolitan Washington D.C. It boasts a substantial patient base of over 80,000 registered individuals, with new patients continuously joining. The practice operates with remarkable efficiency, supported by a dedicated and cross-trained team of experienced professionals who ensure seamless operations and high-quality patient care, even during peak periods.
Comprising three strategically located and busy offices, some of which are physically attached to major hospitals in Washington D.C., Alexandria, VA, and Woodbridge, VA, the practice offers both in-person and telemedicine services. These locations provide ample space and significant growth opportunities for expansion and scalability, capable of being operated independently or collectively. The availability of such a well-established and thriving medical practice for sale is a rare occurrence. The current staff is well-trained and capable of remaining, and the selling physician is open to providing support for a smooth transition, making this a turnkey operation that includes all Furniture, Fixtures, and Equipment (FF&E).
Services and Patients
The practice is renowned for exceptional patient care and advanced treatment methodologies, offering individualized treatments for a wide array of medical conditions through various NeuroTherapeutic Modalities. Additionally, all three locations house sleep centers with a total of seven beds, providing comprehensive sleep studies.
Beyond direct patient care, the organization extends its expertise to medical education and quality management. It offers variable rotations and externships for international medical graduates and current medical students across ten specialties, available both virtually and in-person at all three locations. These programs provide high-quality, hands-on clinical experience, cultural immersion, and support services to aid participants in their pursuit of U.S. residency.
Furthermore, the practice includes a specialized entity dedicated to providing high-quality medical and consulting services in independent medical evaluation, utilization and quality assurance reviews, and impartial peer reviews for insurance companies, attorneys, and other corporate organizations. This service bridges the gap between treating physicians and corporate/legal clients, leveraging a large network of practicing physicians and a professional staff including nurses, vocational rehabilitation counselors, clinical neuropsychologists, and medical technologists to ensure fair and balanced evaluations and effective treatment monitoring.
Services offered include: Pharmacological Treatment, Botox Therapy for Migraines, ENG (electronystagmography), EEG (electroencephalogram) including 72-hour ambulatory EEG, EMG (electromyography), NCS (nerve conduction study), TM Flow System for Ankle Brachial Index and autonomic function, Sudoscan for peripheral neuropathy assessment, Cognitive Assessments, and in-office Sleep Studies for various sleep disorders.
Competitive Landscape
The practice maintains a robust and steady stream of new patient inquiries driven by a strong referral network. This network comprises physicians, insurance companies, hospitals, medical groups, word-of-mouth recommendations, and online platforms. Its strategic locations, particularly those attached to major hospitals, provide high visibility and a consistent influx of patients, contributing to a competitive advantage. The ability to offer both in-person and telemedicine services further enhances its accessibility and market reach. The rarity of a practice of this caliber entering the market positions it uniquely within the competitive landscape.
Key Investment Highlights
Expansion Potential: There is significant room for growth through scaling operations and adding new neurologists, nurse practitioners, and physician associates to expand service offerings.
High Patient Demand: The practice benefits from a substantial patient base of over 80,000, with a continuous influx of new patients, resulting in an approximate two-month waiting time for appointments.
Strong Insurance Contracts: Robust contracts with major commercial insurers contribute to a stable and enhanced revenue stream.
Established Referral Network: A diverse and strong referral network, including physicians, insurance companies, hospitals, medical groups, and online sources, ensures a steady flow of new patients.
Financial Stability & Growth: The high patient demand, evidenced by the two-month waiting period, underpins the practice’s financial stability and indicates excellent growth potential.
Experienced Leadership & Transition Plan: The current leadership is committed to a gradual retirement plan, ensuring a smooth transition and continuity of operations, with leadership staying as needed to support the new ownership.
Prime Location & Facility Ownership: The practice’s locations are owned (with options for long-term lease-back or separate purchase) and strategically situated on major hospital campuses within the Metropolitan Washington D.C. area, guaranteeing high visibility and a consistent patient influx.
This business has been sold. Please view our other Healthcare Companies for sale and our sleep disorder practices for sale.
This sleep disorder practice has been in business for many years. The practice typically treats 35-40 patients per day. They offer services in the patient’s home and also in-house services that utilize their bed labs for inpatient sleep studies. They provide treatment for a wide variety of services, including insomnia, restless leg syndrome, insomnia, sleep apnea, and more. The business-owned real estate is also for sale for an additional $1.4MM
This business has been sold. Please view our Healthcare Businesses for sale. The practice provides ongoing primary care and comprehensive medical evaluations for adults of all ages and children over the age of 5. They treat a wide range of medical, health, and wellness issues and provide evaluation and treatment for short-term illnesses, annual health evaluation, high blood pressure, diabetes, and other chronic conditions as well as performing preventive care.
They have an extensive network of all specialty Physicians available to provide consultations. They have a state-of-the-art medical records system that includes a patient portal and patient access. Other diagnostic and surgical procedures performed include – Allergy testing and injections, peripheral Vascular and Autonomic Nervous System Screening, Home sleep studies, biopsy and excision of skin lesions, incision and drainage of abscesses, flu shots and immunizations, joint injections, trigger point injections, lab services, minor surgery, all physical examinations, and much more.
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