Telemedicine Practices For Sale – View Listings

Buying a Telemedicine Practice

Are you interested in buying a telehealth practice? Telemedicine is a growing business. Some telemedicine practices also have conventional in-office healthcare. And some are purely telemedicine. Other practices are part of a virtual medicine practice, which provides consultations via Zoom, text, email, and telephone.

All of our clients want to maintain the confidentiality of the sale of their medical practice.  We provide an overview of each practice below.  To get the specific details, please fill out our online NDA on the business that you are interested in. On the online NDA, we also request that you provide some information on your background and financial qualifications so that we make sure that you are qualified to purchase a specific medical practice.

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Neuro
Medical Practices with Neurotherapies And Sleep Treatments – Multiple Locations
$3,000,000
Annual Revenue: $1,829,978 Net Cash Flow: $872,879

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.

Metro Area, Washington, DC
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integrative-meds
Integrative Medicine Practice – SBA Approved
$2,000,000
Annual Revenue: $1,423,935 Net Cash Flow: $441,057

The company is a unique medical practice specializing in biologically based therapies, including ozone, stem cell, PRP, peptide, and bio-identical hormone replacement. A key differentiator is the practice’s medically based approach, involving extensive medical consultations that go beyond standard blood tests and address the biological changes associated with aging and metabolism. This comprehensive, scientifically based approach, coupled with personalized patient education, has fueled consistent growth primarily through word-of-mouth referrals. The practice has been established for 10 years.

Products and Services: The practice offers a range of regenerative and integrative medical services, including:

  • Ozone therapy
  • Stem cell therapy
  • PRP (Platelet-Rich Plasma) therapy
  • Peptide therapy
  • Bio-identical hormone replacement therapy
  • Comprehensive medical consultations addressing aging and metabolism

It emphasizes a holistic approach, focusing on optimizing patient health through biologically based therapies. They also offer some e-commerce options with increasing growth.

Clients and Operations: The patient base spans a wide geographic area, including North Carolina, Ohio, Philadelphia, New Jersey, Massachusetts, and even Chicago, though the majority are local to Delaware and Maryland. New patients are acquired primarily through word-of-mouth referrals, followed by online presence and targeted searches for specific treatments.

The owner is involved in day-to-day operations, but the team can manage most aspects of the business, except for consultations, stem cell procedures, and joint injections, which require the owner’s presence.

Reason for Selling and Transition/Support Plan: The owner is retiring to pursue personal interests and is open to various deal structures with a buyer, including growth strategies. He is committed to a smooth transition, offering a support plan and discussing the transfer of his unique (though not patented) protocols.

He is willing to discuss various options to find a mutually beneficial arrangement.

Delaware
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mental-health4
Mental And Behavioral Health Psychology Practice
$3,300,000
Annual Revenue: $2,762,000 Net Cash Flow: $825,000

This is a unique opportunity. Owner is seeking the right opportunity/partner to take this practice to the next level. Owner is willing to stay on for several years. The ideal structure would allow the owner to retain equity and participate in accelerating growth. The goal would be providing a greater financial gain for the buyer’s future and the owner upon their final exit. The business growth has multiplied since 2020 with the implementation of telehealth. The practice has tripled in size and has a plan in place to do the same or more in the next five years.

The owner has created a practice with a respected reputation that is statewide and provides services which make them unique.

The current administrative and provider employees are all W2 and would stay on seeking growth opportunity within the new organization. The network of providers is highly specialized and know the complexities required to do the exams for the unique services provided.

Each provider is either licensed by the state of New York or working under a Limited Permit issued by the state of New York under the license and supervision of the owner.

Plenty of room for growth for the right owner/investor. The owner is secretive and selective. Information to vetted and qualified investors only.

Albany County, New York
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Endocrinology-300x200-1
Medical Group Practice: Endocrinology
$550,000
Annual Revenue: $902,772 Net Cash Flow: $490,245

The company is a leading medical group practice conveniently located in 2 facilities and specializing in a comprehensive range of services to address hormonal imbalances, diabetes management, and metabolic disorders.

Committed to providing accessible care, they also offer telehealth appointments and enjoy strong contracts with all major commercial insurance companies, ensuring coverage for most patients as well as the ability to self-pay. The commitment to excellence has been recognized with recent fee schedule increases, further demonstrating the company’s value in the healthcare landscape.

With two thriving locations situated on major hospital campuses in Northern Virginia, the practice benefits from a strong referral base and a reputation for high-quality care. It offers specialized care for a wide array of endocrine disorders, including adrenal gland issues, calcium imbalances, diabetes management, female reproductive health concerns, hirsutism, osteoporosis, pituitary diseases, and thyroid conditions. The patient base is diverse, drawing individuals from DC, VA, MD, and across the country, demonstrating the trust they’ve established with both patients and insurers.

The owner’s desire for a gradual retirement while ensuring a smooth transition for patients is the primary motivation behind the sale. The owner plans to remain involved for 2-3 years alongside the experienced manager, who handles crucial aspects like contracting. The dedicated staff, with tenures ranging from 7 to 12 years, are committed to staying on and providing continuity for patients. Their ability to multitask and cross-cover ensures efficient operations in areas such as medication refills, billing, prior authorizations, and patient communication.

Currently operating near full capacity, the practice anticipates significant growth with the onboarding of additional endocrinologists (both adult and pediatric), physician assistants, and nutritionists to expand their services and meet the increasing demand for their specialized care.

This expansion will enable the company to accommodate more patients, reduce wait times, and further establish itself as a leading provider of endocrinology services in the region. The commitment to efficient care is evident in its minimal overheads and quick medication refill turnaround, typically within 24-48 hours. As they grow, the practice focus remains on providing accessible, high-quality endocrine care to patients in need.

Northern, Virginia
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Allergy-300x200-1
Established Allergy Therapy Practice
$500,000
Annual Revenue: $478,786 Net Cash Flow: $159,520

The company specializes in diagnosing and treating allergies and related conditions. Board-certified and highly trained staff assist in discovering the cause of patients’ reactions and tailor solutions to their unique needs and symptoms to provide effective therapy treatment and prevention.

Services include:

  • Allergy Treatment for Adults and Children
  • Asthma Treatment for Adults and Children
  • Food Allergy Treatment

The practice also offers telemedicine to ensure flexibility in hours and immediate service availability for patients who prefer virtual appointments.

Delaware
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Radiology-center-300x225-1
Radiology Center For Sale – Has Accepted Offer
$900,000
Annual Revenue: $1,187,000 Net Cash Flow: $492,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

Established in the 1990s, the company is an independent outpatient radiology center offering various diagnostic services. The business owns all its medical equipment, including the only open MRI in the county.

Its primary source of new patients stems from physician referrals. The company’s strategic location benefits from a concentration of healthcare practitioners, resulting in a strong referral base.

Services: The company offers a wide range of diagnostic services, covering MRI, CT scans, ultrasound, fluoroscopy, X-ray, and teleradiology contracts. With a strong emphasis on outpatient care, it maintains top-notch medical equipment owned directly by the business, ensuring accurate and efficient diagnostic outcomes.

Team: Currently, the company has a small but dedicated team of four employees, three full-time and one part-time, including an office staff member. They ensure the smooth operation of the facility, supported by contracted professionals who provide additional assistance when required, particularly during peak vacation times.

Florida
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ABA2
ABA Therapy Practice: Established, Multi-Location: Has Accepted Offer
$17,500,000
Annual Revenue: $10,532,298 Net Cash Flow: $3,516,262

This business has an accepted offer. Please view our other Healthcare Companies for sale.

This business provides evidence-based behavior therapy (primarily Applied Behavior Analysis – ABA) services to children diagnosed with autism spectrum disorder and related developmental disabilities. It has grown steadily, with multiple clinic locations in North Carolina. It is well-established locally, accepted by many major insurance providers (public and private), and offers services in multiple settings (clinic, home, school, community). The company’s mission emphasizes high quality care, family partnerships, ethical conduct, and promoting functional, socially significant gains for clients, and public reviews indicate a strong culture and employee satisfaction in many respects.

Services

  • ABA therapy is delivered in-person across various settings (clinic office, home, school, community). Virtual/telehealth services are minimal. (99% of revenue from in-person clients)
  • Other offerings include parent caregiver training, school consulting, social skills groups, and early intervention.
  • In-house schooling options for some clients, especially those whose insurance or circumstances allow therapy and education to be co-located.
  • The business accepts a broad range of insurance payers, including Medicaid and commercial insurers.

Clients

  • The core client base: children aged 2 to 12, although legislative changes have allowed therapy for older individuals, opening that as a potential market.
  • Geographically, clients are concentrated in Fayetteville and Clinton, with some reach into surrounding rural counties.
  • New business comes from referrals (especially pediatricians), website presence, and word of mouth.
  • Staff ratio is such that most therapists work with very few clients (1 or 2), which assures intensity and quality. New clients in the last year accounted for about 20 clients, making up 15% of revenue.

Operations

  • Four physical locations (each 4,000–7,500 sq ft; one with 5,000 sq ft currently available) in North Carolina. All therapists work in person, no remote staff.
  • Founders are currently very hands-on: they own the company equally; both are involved in daily operations.
  • Reliable revenue stream: consistent growth year on year.

Growth Opportunities

  • Legislative changes enabling therapy for older clients create a new market segment.
  • Expansion into rural counties, both for locations and client base.
  • Possibly adding additional clinic locations, especially in underserved areas.
  • Scaling staffing to meet demand; improving claims processing/billing systems to increase efficiency.
  • In-house school offerings/partnerships can be leveraged to serve full school-year clients and increase revenue per client.

Reason for Sale

  • The owners wish to focus their efforts elsewhere and are seeking to divest the North Carolina side.
  • They believe the NC operations are mature enough to be handed off to a buyer who can continue the momentum.

Transition Support

  • Current management will exit the North Carolina operation. They will not take any current NC staff with them. The transition will involve keeping the existing staff in place.
  • The buyer would inherit the full staff complement, except for the owners; retention or changes in staff are at the buyer’s discretion.
  • There is an identified need for the buyer to hire certain roles (e.g. claims processor, financial manager) to ensure smooth operations and growth.
  • The owners are willing to discuss terms, but preference is for a full sale with them stepping away entirely from North Carolina operations.
North Carolina
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sleep-disorders-300x200-1
Sleep Disorder Medical Practice: Has Accepted Offer
$3,000,000
Annual Revenue: $2,860,267 Net Cash Flow: $2,100,000

This business has an accepted offer. Please view our other Healthcare Companies for sale.

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:

  • Sleep Medicine: Providing comprehensive diagnosis and treatment for sleep disorders such as sleep apnea, insomnia, and narcolepsy.
  • Attention Deficit: Conducting thorough evaluations and offering effective management strategies for attention deficit.
  • Clinical Research: Participating in cutting-edge clinical trials focused on sleep medicine advancements.

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.

Michigan
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MD-Practice-300x200-1
Internal Medicine Practice – In office and Telemedicine – Sold
$3,250,000
Annual Revenue: $1,475,000 Net Cash Flow: $1,070,000

This business has been sold. Please view our other Healthcare Companies for sale. If you want to sell your internal medicine practice, we offer a confidential consultation with no fee until your practice is sold. 

Business Highlights: After more than 30 years the Physician is preparing to retire. A well-established Practice – General/Internal Medical in a prime location. The current active patient base is between 2,000 and 3,000 annually with approximately 85 daily visits. The office is open 4 days a week with about 50 in-facility and 35 Tele Med appointments during hours. The practice is at full capacity, turning away 20+ new patients weekly. The Doctor has not taken on new patients in the last 3 years. The Practice has diverse age demographics, serving 20% of clients ages 18-30, 45% between the ages of 30 – 65, and 35% who are 65+ years. MD is willing to stay for 2-3 years to facilitate an orderly transition.

Ownership Requirements: MD License in CT

Staff: The Owner – MD – Internal Medicine; and three (3) administrative staff.

Equipment/Inventory: Minimal (OFFICE FFE around $40,000) – Office build-out and recent renovations estimated at $100,000.

*** Financials estimated for 2024

Hartford, Connecticut
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Depositphotos_92716808_S-1-300x200-1
Mental Health Facility – Sold
$4,400,000
Annual Revenue: $2,329,000 Net Cash Flow: $711,000

This business has been sold. Please view our Healthcare Businesses for sale. The company facilitates a positive impact in the lives of the people they serve by providing in-community psychotherapeutic services.

Providing Intensive In-Community Counseling, Nurturing Parenting Facilitators, Behavioral Assistants, Mentoring, Biopsychosocial Assessments, Clinical Supervision, Training Workshops. They cover a wide range of therapeutic needs in the following areas, but not limited to:

  • Trauma
  • Immigration
  • Adjustment
  • Substance Abuse
  • Anxiety
  • Depression
  • Self/Other injurious Behaviors
  • Psychosis
  • LGBTQ+
  • Autism/Developmental Disabilities Spectrum
  • ​​​​We also offer Behavioral Assistant, Mentoring and Parenting Coach Services.
  • ​Medically Fragile
  • Bereavement/Loss
  • Complex Family Dynamics
  • Attention Deficit Disorder (All Types)
  • Oppositional Defiant and other Disruptive Disorders
  • Adoption
  • Parenting Training
  • Independent skills
  • Vocational mentoring
  • We also offer Behavioral Assistant, Mentoring, and Parenting Coach Services.

This company is 2 years old with an excellent referral base in place.
2021 will be 6 m in revenue based on the owner’s referral process and partnership with hospitals and community health care organizations.

Contact us to help you sell your mental healthcare business in New Jersey or anywhere else in the US.

Bergen County, New Jersey
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Selling a Telemedicine Practice

If you would like to sell your telehealthcare business, we offer a confidential consultation. There is no fee for our services until your telehealth pratice is sold, and we provide a confidential sales process.

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Are You Considering Selling Your Business?

Synergy Business Brokers has years of experience. Call today at (888)-861-5346 or fill out our contact form. We sell telemedicine practices around the country.

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