MRI Diagnostic Imaging Center In Pennsylvania For Sale

Business description

This MRI Diagnostic Imaging Center is the leading independent center in the region with two MRI units, a strong staff, solid results, and room for expansion.

• Exams are performed on the Siemens Concerto Open MRI and the 1.5T Siemens Symphony MRI. Magnetic resonance imaging (MRI) involves the use of high-strength magnetic fields to produce computer-processed cross-sectional images of the body. Due to its superior image quality, MRI is the preferred imaging technology for evaluating soft tissue and organs, including the brain, spinal cord and other internal anatomy. With advances in MRI technology, MRI is increasingly being used for new applications such as imaging of the heart, chest and abdomen. Conditions that can be detected by MRI include multiple sclerosis, tumors, strokes, infections, and injuries to the spine, joints, ligaments and tendons. Unlike x-rays and computed tomography, MRI does not expose patients to potentially harmful radiation.
• State of the art Teleradiology and Radiology Information Systems.
• Well appointed facility is located in a class A medical complex along the major regional thoroughfare.
• Accredited by the American College of Radiology.
• Medical Director is community’s leading Neurologist and Certified with the American Society of Neuroimaging.
• Participates in most major health plans, and Medicare and Medicaid which account for 21% and 9% of the facilities patients.
• Recent changes in the local market and upgrade of equipment should lead to increased volume.


Financial Highlights
• Consistent revenue over past 3 years.
• 2011 revenue at $1.85 million and adjusted ebitda at $732,000.
• 3,205 scans performed in 2011.

Management and Staff
Facility is led by a strong Center Manager and the on-site, independent Medical Director. Ownership change is not expected to affect personnel or result in additional personnel investment.

Summary Investment Considerations
• Quality business with increasing revenues.
• Strong management team.
• Local brand image.
• Demographics of aging population.
• Room to expand.

Property information

Real Estate:

Lease

Location:

Easy Access Major Highway

Premises details:

Medical Office Building

Business Operation

Expansion potential:

Additional 600 sf room available for additional modalities such as CT and X-ray.

Competition / Market:

Limited to local hospital.

Reasons for selling:

Owner has achieved turnaround goal and is pursuing new career.

Employees:

9

Years established:

2003

Other information

Support & training:

Owner will provide training and support.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable.

Furniture / Fixtures value:

$1,500,000 (included in the asking price)