Texas Lab with Z-Codes, Medicare, Medicaids, Medi-Cal, BC/BS, more ins
| Asking Price: | $1,200,000 |
| Gross Revenue: | $40,000 |
| FF&E: | $350,000 |
| Cash Flow: | $15,000 |
| Rent: | $2,300 |
| Established Year: | 2020 |
Manhattan Biz is presenting High-complexity CLIA and COLA accredited, fully equipped laboratory in Dallas area, but with California state laboratory license as well, with Medicare, California Medi-Cal, many states Medicaid, Blue Cross, and Blue Shield, and other insurances under contract. Seller will leave an account grossing about 40K/mo., which with operating costs of 25K/mo. makes this well contracted lab even cash flow positive.
Basic overview:
Business is a single member LLC, established 2020.
2 full time and 1 part time employees, Medical Director in place for $3,000/month. Monthly Payroll $14,000.
Open 5 days (Mo-Fr) 9 AM -6 PM
Tests: 10-15 samples a week PCR, UTI, Molecular, however those are not in sale included.
Licenses:
TX and CA state laboratory licneses
MAC - Novitas
Licensed in California (CDPH)
COLA Accredited
API – Proficient
In-Network:
Medicare
Medicare Railroad
Tricare - (Approved - Pay Out of Network)
Medi-Cal – CA (Approved)
Medicaid - TX (Approved)
Medicaid - GA (Approved)
Medicaid – TN (Approved)
Medicaid – KY (Approved)
Medicaid – AL (Approved)
Medicaid – AR (Approved)
Medicaid – MS (Submitted - Pending)
Medicaid – FL (Approved)
Medicaid – OK (Submitted - Pending)
Medicaid – AL (Submitted - Pending)
Medicaid – LA (Approved)
BCBS TX
SANA Benefits
Prime Health – Approved
HealthSmart – TPA (IMS) Approved
Multi-Plan – Approved
HealthNet – App in Progress
FirstHealth - Approved
KERN Health System (CA) - App in Progress
**MolDx Z-Codes application for UTI and STI are pending at Technical Assessment phase. Expecting approval by the end of Oct 2024**
Lab Instruments (value $350,000):
Owned free and clear.
Bio-Rad CFX 96 (two)
Bio- Rad OPUS 384
QuantStudio 12 K Flex 384 Well Block
AU 480 with ISE
Access II
Sysmex
KingFisher Flex 96 Well
Laboratory Freezers -20 (two)
Laboratory Refrigerators (three)
Laboratory Deep Freezer -60
BSL2 Bio-Safety Hood
PCR Workstations (two)
Laboratory Stainless Steel Benches/Tables
8 computers and desk/chairs
List of tests offered:
• COVID
• Respiratory Mini Panel (FluA, FluB, RSV + COVID)
• Respiratory Extended Panel
• UTI (Urinary Tract Infection) Panel with Anti-Biotic Resistance
• GI (Gastrointestinal) Panel
• STI (Sexually Transmitted Infections) Panel
• Wound Panel
• Women’s Health Panel (Vaginosis)
• Nail Fungal Panel - Outsourced
• Urine Toxicology (Screen)
• Urine Toxicology (Confirmation) - Outsourced
• Blood Wellness
• PGx (Pharmacogenomics)
Lease:
$2,300/month. Exp. March 2024, Year to year
Size: 2,100 SF
Security deposit: none.
For more and similar opportunities, please call specialized laboratory broker Sasa Milosevic and visit Manhattan.Biz.
