MASON FAMILY PRACTICE
JOHN MASON, MD
PRACTICE SALE EXECUTIVE SUMMARY
Practice Location
The family practice is located in Mason Texas at 4632 Mason Parkway.The office is 875 square feet. Mason is a small town on the Texas coast just 30 minutes south of downtown Llano and is along Mason Lake and Llano Bay. Population is over 12,000 people.For a history of Mason, please visit the city’s website at ______.
Practice Demographics
The practice sees 15 - 20 patients per day. The following are the practice’s top ten payers: Blue Cross, Aetna, Medicare, United Healthcare,Cigna, Humana, Texan Plus, Cigna HealthSpring,Tricare and Wellcare.
Capitated Contracts
Cigna Healthspring pays $40.14 per patient per month (73 Members).Cigna also issues $250 checks for each Enhanced Encounter (EE's) for each patients the practice provides physicals throughtheir Lumeris program online. These checks are for Cigna HealthSpring patients only for which the practice has 69 members. Other capitated members are from Blue Cross Medicare Advantage.
Texan Plus pays a capitated payment of $30.00 per patient per month (119 Members).This payer also issues checks for each history & physicals.
Employees
Anna Jones - $13.50 an hour- 3 years 3 months – RMA
Nikki Macka - $11.00 an hour - 2 years 8 months – RMA
Penny Johnson - $10.00 an hour - 1 year 3 months – Billing
Competitor(s)
Llano Medical Clinic, 2622 Llano Parkway, Ste B, Llano, TX - 8 miles away
Hospitals
Dr. Mason is privileged at Mason Memorial Hospital.
Office Assets
See detailed list of office assets at the end of this Summary.
Practice Collection History
The following are annual collections per the practice’s business tax return:
2016399,949
2015373,928
2014348,516
2013359,856
MASON FAMILY PRACTICE
Schedule of Office Assets
Waiting Room:
Chairs – 6 Bought in 2009
Phones – NEC – 6 Bought in 2007
Nurse Station:
Dell Computer w/Monitor Bought in 2014
Scale Bought in 2007
Refrigerator
Trash Can
Dell Printer Bought in 2014
Room One:
Chair Bought in 2009
Phone Stand Bought in 2012
EKG Machine Bought in 2001
Exam Table Bought Used in 1986
Computer Dell Bought in 2012
Neat Scanner Bought in 2013
Chair Bought in 2009
Desk Bought in 2012
Room Two:
Chair Bought in 2009
Trash Can Bought in 2012
EKG Machine
Exam Table Bought Used in 1986
Desk Bought in 2012
Dell Computer Bought in 2012
Neat Scanner Bought in 2013
Billing Station:
Dell Computer Tower Bought in 2010
Chair Bought in 2007
File Cabinet – 4 Drawer Bought in 2012
HP Printer Bought 2016
Neat Scanner Bought 2013
Office Manager’s Office:
Dell Computer Bought in 2014
Neat Scanner Bought in 2013
Desk Bought in 2007
File Cabinet Bought in 2009
Brother Printer Bought in 2009
Small Refrigerator Bought in 2010
Chair Bought 2016
Back Office:
Dell Printer Bought 2012
Brother Fax/Copier Bought in 2007
Dell Computer Bought in 2014
Desks – 2 Bought in 2007
Chairs – 2
Table
File Cabinet – 3 Drawer Bought 2015
Trash Can
Spirometry Bought 2015
Dell Monitor Bought in 2014