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Ophthalmology, Ophthalmologist, Vitreoretinal, Partnership or Associate, Midwest, Big Income

Ophthalmologist Opportunity to join a group located in a Midwest metro, with ability to become a 50/50 partner after year 2 or Stay an Associate

– Group is looking for someone with a Vitreoretinal Fellowship – ability to see 90/10, retina to general ophthalmology cases
– Currently doing 500+ Laser corrective surgeries a year in office, 5,200 injections, 60-80 clinic visits a day and a one month wait time for new patients
– Average 3-4 days a week at clinic, one day of surgery blocked – team of 6 including one MD, visit 2 satellite clinics 1x a week and you would be in that rotation
– Call is shared with two other groups, comes down to 6 weeks a year split between you and one other MD
– Ability to 50/50 partnership after year 2, currently averaging about $2.6 million a year in receivables after cost/over-head
– Practice was built in 2013, is state of the art with the most current diagnostic equipment like a Constellation vision system for you
– 2-3 exam rooms for you daily, blocked OR for you 1x a week, and expect a new provider to be fully ramped up with clinic volume in 3 weeks
– Group has done some Academic Research in the past, and would like to get back into this especially if you have an interest in it
– Your future partner is the only other retina specialist in the area, big opportunity for you

– Base of $500,000 with opportunity to make over $600,000 year one taking 30% of collections once exceeded, and expect to make around $800,000 year two after ramped up
– Partnership is fair value buy in at 50% ownership retention, then after year 2, should be earning over $1 million by taking 50% of net revenue
– 4 weeks PTO + time off for meetings/CME
– Comprehensive Benefits package with Medical, Dental, Vision and 401k
– Group will pay for you to become licensed, if not already

– Explore the contemporary system of modern structures, pockets of historical architecture, skyways and plazas. Downtown is home of financial, medical and health facilities, riverfront walking trails and the city’s art and convention centers. Enjoy shopping with major retailers and small specialty shops catering the discriminating shopper who is selective, quality-minded and service conscious. Community serves as the regional hub for business, employment, industry, retail trade, medical care, and educational opportunities. More than 200,000 people live in the tri-state metropolitan area. Regional Airport, multiple colleges in town or near, #11 Most Secure Town to Live, #3 Most Affordable to Live and #1 in Metro Food Processing Growth.

Matt Robbins MS, VP
Elevate Healthcare Consultants
Direct: 972.954.6902
Fax: 972.695.8777

Ophthalmology, Ophthalmologist, Vitreoretinal, Partnership or Associate, Midwest, Big Income

Sioux City, IA
Full Time

Published on 10/20/2021

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