Houston Psychiatry Practice For Sale

This is a well-established and reputable 52-year-old psychiatry practice located in Houston, Texas. The practice offers traditional psychiatric therapies for children, adolescents, and adults, complemented by mindful psychopharmacology management. The current owner, a highly regarded physician and Clinical Professor of Psychiatry at Baylor College of Medicine for over 50 years, is well-connected and respected within the Houston metro area. The practice serves a robust patient base, with approximately 50% adults and 50% children and adolescents, averaging 70 to 80 patients daily through strong word-of-mouth referrals. Services include advanced psychiatric testing and psychopharmacology for conditions such as ADHD, PTSD, OCD, bipolar disorder, anxiety, insomnia, dementia-related behavior, and Autism Spectrum Disorder. The medical staff consists of one physician and two experienced nurse practitioners, supported by an office manager, billing manager, and three receptionists, all willing to assist in a smooth transition. The practice utilizes eClinicalwork for efficient patient management. The leased office space spans 2,147 square feet with a monthly rent of $4,383 and a lease expiration in November 2024. With high demand for mental health services, especially for minors, there is significant potential for growth by adding more practitioners. The owner's extensive network provides valuable referral sources for a new owner. The practice accepts major health insurance and cash payments.