Solo Psychiatric Practice with Recurring Telehealth Revenue Stream
Business Overview
This psychiatric practice serves a broad area around Denver, delivering most treatments through telehealth while also accommodating in-person visits. The business is anchored by a loyal patient base, with nearly all revenue stemming from ongoing follow-up consultations. Operating primarily from a home-based office established in 2021, it benefits from the high demand and limited provider availability for mental health services in Colorado. The practice's digital marketing strategies and strong online presence have cultivated a substantial roster exceeding 900 patients. A prospective owner must be a licensed psychiatrist or psychiatric nurse practitioner with authorization to prescribe controlled psychiatric medications within Colorado. Transitioning to a more centrally located office could enhance patient accessibility and visibility, potentially expanding new patient intake. The market is supported by an expanding metropolitan area known for its educated and relatively affluent population, underpinning the stable need for psychiatric care.
Facilities & Infrastructure
- Home-based office just outside Denver
- Secure telehealth platform for most patient visits
- In-person visits accommodated as needed
Property Highlights
- Telehealth setup enables extensive patient reach statewide
- Opportunity to relocate for greater patient access and brand exposure
Key Business Facts
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Market Insights
Demographics (County)
Economy
Crime & Safety
Growth & Expansion
- Capacity expansion requires adding partners or hiring additional clinicians
- Potential to increase in-person services via a central Denver location
Operation & Support
- Comprehensive transition support provided
- Requires active Colorado medical and DEA licenses
- Owner involvement essential for clinical and prescribing activities
Lifestyle Fit
- Ideal for licensed psychiatrists or psychiatric nurse practitioners
- Estimated owner commitment: Active Owner-Operator (40+ hours/week)
- Best suited for practitioners focused on direct patient care
- Semi-remote management plausible through established telehealth framework
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