Medical

23/08/2021 | ID: 5454

MMM2 location in Central Coastal QLD. Not DPA.

With 8x CR’s this clinic has loads of currently unrealized potential. It is accredited with the next audit taking place in June/July 2021… the clinic expects to have no issues identified.

Previously, dr recruitment & retention has been an issue with DPA restricted GPs leaving as soon as they are no longer restricted. This has put a financial burden on the clinic with having to pay recruiters for GPs who only stay for a relatively short time. Recently a local Mackay GP couple (one with an interest in Occ health) have joined the team with young children & a home locally; with every intention to be practicing in Mackay for the next decade or so. In addition, there are 2x non – VR GPs at the clinic. One has just passed the 2nd fellowship exam so has 1 exam to go until Fellowship can be granted. This GP has family based in Mackay & they are buying a family home there. The other is married to a local man with a well regarded position in the community, so they’ll not be heading anywhere either! With a stable team of 4 GPs, this practice can now get down to business.

With 2x great nurses & exceptional reception staff, this mixed billing clinic will introduce another level of fee payment from July 1 2021. They will be charging an interim fee of $55 whereby the patient will claim to get their refund. This may initially cause a  bit of a change in the patients & their presentations but hopefully, the practice will become more robust as a result. With pharmacy incentives of $100K pa & pathology paying $55K pa rent, this MC is essentially rent neutral.

Using Medical Director & Prac soft, all files are soft. The phone system is relatively new & quite high tech. The fit-out initially costs $550K & is only about 5 yrs old. The practice presents well w/ lovely high, vaulted ceilings. The ‘icing on the cake’ is that there are 5x current DPA exempted Medicare provider no#, w/ 3x currently in use by the present GPs & another 2 available to be transferred to incoming GPs. This makes the location eligible for PEP Drs ….. what’s not to like!

Sally Stuart is assisting with this sale, E: sally.stuart @linkbusines.com.au or 0437 082 045

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