Old clinical lab contracted with PPO (BC, BS, UHC, HealthNet…) Medicare, Medi-Cal, Pathology
Full service laboratory, over two decades in busy medical building, with chemistry and pathology CLIA, many modalities, good PPO insurances (Anthem BC, BS, UHC HealthNet,…), Medicare, Medi-Cal (older than 2001), Workers Comp. Transferable business (1.2M gross, 300K net per year), minimum of 85% of the existing business would stay with new owner. No sale persons or marketing.
Contribution in gross per insurance: Medicare 25%, Medi-Cal 20%, PPO 35%, Cash 20% from 20+ referring physicians.
Beside usual blood, hormones, HIV (200 tests/day), pathology (180 tests/month)… laboratory added COVD-19 testing (10+/day, antibody).
Lease about 2,000 SF for $6000/month, expires in 5 years with 4 years option.
Two medical directors and pathologists in place. Two part time owners (husband and wife), 4 full time and 2 part time employees, plus drivers and billers (6%).
Seldom opportunity to purchase a lab with, today impossible to get, private insurance contracts.
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