Location:
Regional NSW > New South Wales
Investment level:
$350,000
Type:
Business
Industry:
Health, Beauty & Fitness > Health & Medical
Site visits may occur w/the vendor at a mutually convenient time outside clinic hrs to maintain pt &staff confidentiality.
VR GP reqd to buy this rural GP clinic(accredited for regtraining).
The ownershave given great service &been terrific employers, resulting in long term (20 yrs) staff.This practice has the capacity for 7 drs & offers growth inaged care visits, skin cancer clinics, CDM&health assessments by age.
Owners
- Selling to retire
Practice History & Facilities
- Purchased business in 1997w/a super clinic grant for expansion in 2009
- 11 rms, 2 nurse stations (1xw/chair +1xw/bed), a 1x bed procedure rm&allied health services
Team
- 3.4 FTE GPs w/ 5 drs on65/35% (incl a locum)
- 2 GPs wk 4x/wkw/on-call duties, 2GPs &the owner wk3x/wk
- 1x dr sitting final GP fellowship exam shortly (currently on A1 rates)
- GP joined in Jan '25ona 482-visa w/a 4 yr post
- A targeted position exists from Feb '26 for a RVTS training position
- UWS med students visits the clinic &the GPs are paid $400/day to support this education (65/35% fee split)
- PM (FT)
- owner's wife undertakestax, financial +asset management (F/T)
- 1st assistant PM manages trust accounts &drs disbursement (F/T)
- 2ndassistant PM handles payroll, wages &office duties incl tyro, Workers' comp billings &outstanding debt (31 hrs/wk)
- Office Mngroversees staff(3.5x/wk)
Allied
- Pt case mngr
- Physio(F/T)(80/20%)
- podiatrist (80/20%) - 2 days/wk
- Diabetes educator (1x/12) pays rm rent
- Dietician- (1x/wk)pays rm rent
- Hearing services (2x/12)
- EP - 1/wk
- Optom monthly
- D+A counselling monthly
VMO's
- Gensurg-1x/12
- Orthopod -1x/12
- Urologist -6x/yr
- Paeds- 6x/yr
- Endocrinologist - 6x/yr
- Cardiologist -2x/yrfor assessments (no income, a pt service w/the local hospital)
HR & Contracts
- Employsure handles HR
- Drs are on independent contracts, some using their own co#
- Drs can also work at the local ED as a VMO so need great emergency medicine skills
Software
- MD, Pracsoft&MYOB
- Website in development
- using HotDoc for appointments &billing of phone consults
- Swapping Tyro for HiCaps
Pts + Billing
- MB practice w/BB for pensioners
- 10% of pts are Aboriginal supported byCTG (closing the gap)
- Practice principalw/ another GP supports about a dozen methadone +pain manpts
- SWPE = 3,500 approx
Rent
- $101,455 pa orthe new owner canbuy the bldg at market rate
Community & Stability:
- Long-term staff
- 3x drs own houses locally +another will join in '25, contributing to community stability
Site visits may occur w/the vendor
All fields are mandatory
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