CA Medical Examiner Group

Listing Number: 2401-551318

Description

CA Medical Examiner Group in practice since 1981. The primary focus of physicians is to perform evaluations for impairment rating, following Labor Codes implemented by the California Department of Workers’ Compensation. Its mission is to provide thorough and credible comprehensive evaluations to prove or disprove claims. The Group provides administrative and in-house collection services to experienced or inexperienced examiners who are interested in working in the California Workers Compensation system and performing AMA impairment ratings.
Also available by some examiners are evaluations for different types of medial legal environments; inclusive of Federal (OWCP) Worker’s Compensation, Subsequent Injuries Benefits Trust Fund (SIBTF), Fitness for Duty and other Disability Evaluations. Special services such as rush reports, appointment dates and special handling of cases, are easily arranged on an as-needed basis.
Physicians provide quality comprehensive medical legal reports and together with the senior staff, have been competitive in the Workers’ Compensation Industry for many years.
Approximately 13 physicians servicing 16 Northern CA locations along with 11 tenured employees (8 FT and 4 PT) make up the group. The owner MD in transition provides a few hours oversight as needed but has not handled cases in several years.
The business will transfer to a licensed MD with a Professional Corporation (PC) OR a Managed Service Organization (MSO) with a Management Services Agreement (MSA) between the MSO and PC.

2023 Gross: $3,020,968.28. SDE: $458,370.34 (or better if active owner operator). SBA pre-approved assuming MD or experienced MSO acquirer. Asking $1,400,000.

Listing Details

• Price: $1,400,000
• Down Payment: $1,200,000
• Sellers Discretionary Earnings: $458,370
• Total Sales: $3,020,968
• Location: Withdrawn, California


• Inventory: $0
• FF&E: $0
• Employees:
• Reason for Selling: relocation and retirement
• Category: Medical Related Biz