UNIQUE SOLO PRACTICE IN CHICAGO AREA WITH TEACHING HOSPITAL RELATIONSHIPS

Published
May 13, 2024
Location
Illinois
Category
Job Type

Description

This single owner practice has been established for over 30 years and has nice owner cash flow.  What makes this practice so unique is the owner has very strong ties to one of the best teaching hospitals in Illinois and obtains referrals from a geographic range of over 50 miles.  Patients come to see the owner from Northwest Indiana, Southwest Michigan and Southern Wisconsin.  Given the owner’s reputation and hospital contacts, a surgeon who is interested in hospital based procedures such as orthognathic surgery, TMJ surgery, reconstruction, trauma,  and more sophisticated anesthesia cases would have the opportunity to engage in these types of Surgical  cases in a highly skilled environment.  In addition, the practice can become even more profitable as the owner works on patient matters only three and a half days a week (and has taken an average of more than 7 weeks off each of the last three years.)

In terms of equipment, everything is state of the art.  Newer cone beam, new Panorex, new everything.  The space is over 3511 square feet with 3 surgical suites and 2 exam rooms that are surgery ready.  The ancillary spaces for office staff, sterilization and storage are quite excellent for a practice located in a large metro area.

The practice is well balanced full scope.   The owner is highly regarded in the community and that is demonstrated by his reputation and strong ties at the hospital as well as the broad geographic referral base. The practice is exclusively fee for service.

Given the unique nature of this practice, the owner is willing to stay an extended period of time to help the purchaser to meet with the broad existing referral base.  This extended transition period would also include fully integrating the purchaser into the hospital infrastructure.  The owner has already given thoughts as to how to expand the practice and will share those plans with serious candidates.

The owner is committed to a successful transition and will stay on for a while if the purchaser desires additional staffing.   The owner is also committed to provide hands on mentoring to the extent the purchaser desires; this is up to the purchaser as the owner does not want to interfere with the purchaser’s operation of the practice post sale.

The practice is located in a very nice part of the Chicago metro area, with great recreational and cultural opportunities.  The Chicago area has some of the best public and private schools in the United States.

This is one of the highest quality practices in the Chicago area.  Practices of this quality that cater to a referral and infrastructure base that is also of exceptional quality are even rarer to find.  The purchaser will be the direct beneficiary of the owner’s stellar reputation.

Call today if you would like more information about the practice.  I look forward to speaking with you.  Due to the nature of our business, I am on the phone a lot with candidates and clients.  If you call and reach my voicemail, please leave a message.  Evening and weekend call times can be arranged with advance notice.

Dr. Larry Jacobson

President

OMS Exclusively, Inc.

Mobile:  312-446-9314

Fax:  888-523-9006

larryjacobson@oms-exclusively.com

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