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ON-MARKET
MEDICAL PRACTICES

Profitable Virtual Mental Health Practice | Multi-State Insurance

New York

$2.6M
Asking Price
$1.0M
Revenue
$510K
Cash Flow

Overview

A rare opportunity to acquire a thriving, fully remote psychotherapy business generating over $1M in annual revenue with strong, consistent cash flow. This practice operates entirely via secure video-based sessions, serving adult individuals, couples, and adolescents across multiple U.S.
states. Its foundation in insurance network participation drives a reliable, recurring patient pipeline without dependence on paid advertising or aggressive marketing efforts. The business model is built for sustainability.
By accepting major commercial insurance plans, the practice benefits from a steady stream of new client referrals and strong patient retention. Reimbursement rates are established, and the payer mix is diversified across several large commercial carriers. All operations are fully HIPAA-compliant and structured for smooth, ongoing delivery of care.
Day-to-day clinical services are handled entirely by contracted or employed therapists, allowing the current owner to operate at a high level with only a modest time commitment — primarily focused on administrative oversight and strategic direction rather than direct patient care. Onboarding new clinical staff is straightforward, with a ramp-up period of approximately four weeks. The practice enjoys strong therapist retention, with staff typically remaining for multiple years.
From a financial standpoint, the business carries zero debt and has no outstanding liabilities. Because the entire operation is virtual, there is no commercial lease, no physical location to manage, and no geographic constraints on future growth. A buyer located anywhere in the country can operate this business without relocation.
The seller is prepared to offer an extended transition period of three to six months — with flexibility for a longer handover if needed — to ensure a smooth transfer of operations, payer relationships, and staff management. A buyer with clinical licensure or healthcare administration experience would be especially well-positioned to expand the practice's therapist panel and grow revenue further. This listing represents a clean, debt-free, scalable mental health platform with infrastructure in place, a proven revenue model, and meaningful upside for the right acquirer.

Key Details

StateNY
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