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Re: Buying in to practices.From: Miles Mahan (majmahan@aol.com)Thu Jun 29 23:43:04 2000
At Thu, 29 Jun 2000, Joe Cutchin wrote: > >What is the gross of the practice? > >-- > Joseph H. Cutchin MD FACOG 4105463125 > 314 West Carroll Street 4105463128 Fax > Salisbury,Maryland 21801 > > http://www.penobgyn.com > The practice was before I arrived was a unique entity with two physicians working 2 weeks on and 2 weeks off essentially keeping the practice running full time. I began woring in July99. Last year (according to my boss) the practice grossed almost $1,000,000. We have a large prtion of that coming from medicaid, probably 40% of the income. The remainder is from managed care, with very little straight fee for service. Referrals are largely from physicians he has known since medical school. That last worries me a bit, since they have gotten very little time to know me, and if he were to completely retire may evaporate. I hate to open this can of worms, but I am worried because my boss is a DO, and I am an MD. they may look for a DO to refer to. Has anyone ever had a similar situation?
-- Miles E Mahan MD DFW OB/GYN Associtates Arlington, Texas MajMahan@aol.com
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