May 16, 2019 — XYMD1B - $4.2 Million Ophthalmology Practice with Locations in California and Oregon
The practice has both board-certified ophthalmologists and optometrists specializing in many areas, including Cataracts & Cataract Surgery, Glaucoma, Macular Degeneration, Dry Eye, Diabetic Retinopathy, Refractive Errors, and Contact Lenses.
The company’s payers include Medicare, Tricare, private insurance, and more. Gross revenues have steadily grown over the past few years, going from over $3.9 million in 2016, to more than $4 million in 2017, to nearly $4.2 million in 2018. In 2019, they are expected to see continued growth. There are numerous opportunities for growth, including extending their operating hours, opening more locations, and hiring more optometrists.
The owners are open to staying on in a part time capacity and will assist during a transitional period as needed.