Paediatric Cardiology Practice

Scancorp Medical AFSL 400964 (“Scancorp”) has been retained to manage the sale process of this Paediatric Cardiology Practice, located in an Eastern Australian capital city.

Overview:

The Seller is a leading provider of Paediatric Cardiology services in the city and regional locations of this State, encompassing foetal and paediatric cardiology and adult congenital heart disease, while still maintaining a general paediatric perspective and neonatal involvement.

The Seller is the sole owner of this practice and has built a strong patient, community and stakeholder following with a loyal and widespread referral base.

Over the years the Seller has achieved constant growth in patient fee revenue and a solid new patient registration base for every year in practice.

Investment Highlights:

We anticipate that a Paediatric Cardiologist looking to establish a practice in an Australian capital city will view this as a “once in life time” opportunity to acquire this highly regarded practice due to the competitive advantages that this practice offers:

* A dedicated patient and stakeholder following over a substantial time
* Opportunity for further growth by an energetic new entrant into the private Paediatric Cardiology fraternity
* Support and guidance through the acquisition and establishment phase
* Patient satisfaction is reflected in the sustained patient loyalty from early years to adulthood
* Significant potential exists for growth through proactive marketing or by building a practice with a number of associates, including other consultants and additional sites of practice
* Opportunity for increasing new patient growth is supported by the forecast population growth in the practice’s suburban location
* Opportunity for business efficiencies exist through the increased uptake of information technology
* Sale includes equipment valued at $80,000 by the owner

Flexibility in the Purchasing Process:

It is important to the Seller that the practice’s legacy for exceptional care is maintained and that the new owner enjoys a successful transition. As such, the Seller:

~ Will assist the Buyer during the early stages of practice hand over
~ Wishes, subject to agreement, to transition to part-time specialist practice in the short to medium term to facilitate a seamless transfer of patients
~ Will assist in the smooth transition of the regional practices and
~ Will introduce the acquirer to potential hospital appointments and possible teaching opportunities

Sale by Expression of Interest

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