Overview
| ● Digital, detailed database of 20 000 patients monitored since practice inception in 1997.
● Custom-built patient management software called Patient Data Editor. ● Opportunity for clinical trials with international pharmaceutical companies. ● Two highly-trained and extremely competent staff members (accountant and receptionist). ● Guaranteed income with patients booked for six months in advance. Practice averaging 75 patients per week, including 10+ new patients per week. ● Opportunity to access an open segment of the healthcare market as the only Diabetic Specialist in the Eastern Cape (South Africa’s highest province suffering from Type 2 Diabetes). ● Practice based in Netcare Greenacres Hospital in the desirable coastal city of Gqeberha/Port Elizabeth. ● Possible handover period of up to three months. ● For more information, call (041) 363 0859 or email podgorsk@iafrica.com. |
Are you a newly specialised endocrinologist or an experienced physician looking to establish yourself in a new city? This is your once-in-a-lifetime opportunity.
A well-established Internal Medicine practice is now for sale in Netcare Greenacres Hospital, Gqeberha/Port Elizabeth. The practice was first established in 1997 by the current doctor, who is one of South Africa’s leading Diabetic Specialists. He has operated the practice for 25 years.
During this time, he has created a custom patient management software that has amassed a database of 20 000 patients with immaculately kept digital records from day one. The software offers a unique search functionality ideal for populating a database for clinical trials. As a result, the practice has successfully conducted more than 30 clinical trials over 20 years with prestigious international pharmaceutical companies, including Novo Nordisk, Sanofi, Lily, Boehringer Ingelheim, Roche, Novartis, and AstraZeneca. Thanks to these trials, the practice has access to state-of-the-art and highly specialised technology such as insulin pumps and continuous glucose monitoring (CGM). This sale includes the handover of the 20 000 patient database, software, two highly-trained staff and introduction to clinical trial partners. The rooms are available but not mandatory for the sale.
The Eastern Cape has the highest rate of type 2 Diabetes in South Africa. At present, the current doctor is the ONLY residing Diabetic Specialist in Gqeberha/Port Elizabeth, making this a wholly-unique opportunity for the incoming doctor to establish themselves in an open segment of the healthcare market. The practice is fully-booked for six months ahead, allowing for immediate, stable income. The buyer of the Internal Medicine practice will need a licence with the Health Professions Council of South Africa as the current doctor will be retiring. A handover period of up to three months is possible during 2023.
Points of Interest
- The practice specialises in Diabetes and includes the following areas of expertise:
- Diabetes
- Thyroid
- Parathyroid
- Osteoporosis
- Metabolic Syndrome
- Polycystic Ovary Syndrome and other Endocrine Disorders
- Custom-designed database software (called Patient Data Editor) contains 20 000 digital patient records since practice inception. The software developer lives in Gqeberha/Port Elizabeth and is available for maintenance and troubleshooting.
- Patient Data Editor software functionality includes:
- Electronic prescriptions
- Custom patient ID card (featuring diagnosis, medication, and allergies for patient to carry)
- Lab Flow sheet (with six months of results)
- Real-time referral letters
- Browsing functionality, as well as search criteria and filters, ideal for populating a unique database for clinical trials
- Excellent capability to conduct efficient clinical trials with international pharmaceutical companies.
- Two highly-trained and reliable staff (receptionist and accountant)
- About 50% of the patients are seen for diabetes (10% Type 1 and 85% Type 2) and about 50% for internal medicine.
- Access to and adoption of state-of-the-art and highly specialised technology such as insulin pumps and continuous glucose monitoring (CGM)
- The doctor does not make house calls and forms part of an on-call rotation with the hospital to have three weekends free a month.
About Netcare Greenacres Hospital
- Netcare Limited is the largest private hospital network in South Africa and the United Kingdom.
- Netcare Greenacres offers access to all sub-specialities, enabling doctors to do everything under one roof, from diagnostics to management (with the exception of heart and kidney transplants).
- Netcare Limited provides access to a network of specialists and excellent opportunities for cross-referrals.
- Opportunity for bigger rooms within Netcare Greenacres hospital for incoming doctor.
- 90% of the patients travel to this endocrinology practice less than 20km to see the doctor, with some patients travelling from other parts of the Eastern Cape and South Africa.
- 100% of patients make an appointment with the practice averaging 75 patients per week, including 10+ new patients per week.
- The practice is located in one of the most desirable cities to live in in the Eastern Cape. Situated along the Garden Route, Gqeberha/Port Elizabeth is home to excellent private schools, outstanding blue flag beaches, beautiful parks, and many shopping centres.
Contact Details
If you have any questions or are interested in purchasing this practice, please call (041) 363 0859 or email podgorsk@iafrica.com for further details.
After 25 years in business, Dr. G. Podgorski is retiring