This is a medical practice specialized in pain management located in central
Alabama. The practice
provides expert care to patients with chronic pain and serves a number of
patients benefitting from
workers’ compensation insurance.
The Practice provides expert care to patients with acute and chronic pain. It is
operated as two separate businesses: a pain-management clinic and a workers’
compensation pain-management provider.
The Clinic has an enviable reputation because of the superlative quality of its
care and its longstanding
history in the community.
The Practice is an attractive acquisition opportunity. Key investment highlights
include:
Well-established, highly visible practice – The Practice has been in business
since 2000, and it
has established itself as a recognized leader in pain management in its local
area. The practice is
housed in a lovely two-story building with great signage on a major
thoroughfare.
An intense focus on quality operations – The owner (a medical doctor, an
anesthesiologist) has
differentiated his practice by the quality of its delivery of patient care.
Noteworthy reputation – As a result of its well-managed practice, the Clinic is
very well known and
in demand by patients throughout the region.
Limited competition – While there are several physicians the area who label
themselves in the painmanagement
profession, there are very few other clinics in the region that are purely
focused on pain
management.
Conversion of a lifestyle business – For almost two decades, the owner developed
a full-scope
pain-management practice. In January 2022, the doctor had a health event which
resulted in his
stepping away from surgery. Since then, the owner has operated the practice in a
scaled-back
manner. The buyer will be well positioned to significantly expand the practice
simply by expanding
the hours the clinic is open, adding professional staff to care for increased
patient loads, and providing
invasive procedures to its schedule of services.
Exclusive provider of a particular workers’ compensation program – The Clinic
has a
relationship with a national, wholesale pharmacy to provide treatment protocols
for patients who are
covered by certain workers’ compensation programs. This relationship gives the
Clinic the exclusive
right in a designated geographic to treat certain patients wherein the
treatments are administered by
the pharmacy which deals with payors and submits reimbursements to the Clinic
when collected from
workers’ compensation insurance.
Dave Chambless 803-349-4596
