St. Louis, Missouri
Gross Revenue: $665,000 three-year average
Type of Sale: Asset Sale
# of employees: 7
This well-respected business has offered high-quality diagnostic imaging services with an emphasis on building long-term relationships. Patients appreciate the service-oriented atmosphere, focused on comfort, privacy, and ethical practices. In addition, patients appreciate that testing costs significantly less than those conducted at hospitals and results are typically delivered more quickly. Multiple imaging modalities are available, utilizing up-to-date equipment and software.
Patients, physicians, and insurance companies provide a strong referral stream for this center. Large healthcare systems/hospitals represent the most competition as physicians refer to their respective systems’ services without patients realizing they have the option for less expensive testing at stand-alone imaging centers.
- Invest in marketing to reach and educate more patients and physicians directly regarding their ability to choose an independent (and less expensive) imaging facility.
- Expand hours that MRI and ultrasound are available by hiring additional techs.
- Utilize the imaging center as a centralized reading site for a larger institutionalized business or radiology group practice, with additional 2-4 radiologists.
- Promote ability to participate in research projects more widely.
Support/Training: Current owner is committed to providing training as needed.
Reason Selling: Retirement
Listed By: David Driscoll – Metro Business Advisors, LLC DDriscoll@MetroBusinessAdvisors.com
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