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Questions for Dr. Stern

About Your Urgent Care Center

56. We have enjoyed our initial 8 months of operation and are looking forward to opening our second clinic in August.  I am searching for data regarding urgent care industry standards on Balance Sheets, Profit/Loss, and other business reporting measures related to first 6 months, 1 year, 2 years, etc...  I need this info for monitoring my own center and for suppling more info to those building owners/developers with which I'm doing business.  If you can help direct me to a resource I would be most appreciative.

It is common for an urgent care operator to invest $500-800K before seeing any profit.  Profits of up to 15-20% are seen in thriving, mature urgent care centers, each of which can generate from $2-4 million in collections. I and my two partners operate twelve urgent care centers in Illinois and Oklahoma; we have discussed similar issues with many other urgent care centers.  Feel free to call me with questions.

 

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