High Complexity PCR Lab Austin - BCBS TX Contract

Established High Complexity Lab with BCBS TX CONTRACT (This is a CLOSED Contract and near impossible to obtain!!!) – Amazing Austin Location– Virgin CLIA -- Ready to bill in January 2025
– NEW EQUIPMENT – MEDICARE AND TX MEDICAID – Lab Tech & Lab Director In Place -- Additional credentials and contracts can be obtained prior to close


This High Complexity Texas Laboratory is set up for molecular testing and is ideal for someone who wants a turnkey set-up (with CLIA, Medicare, and Medicaid, Lab Director, Lab Technologist, and most importantly BCBS TX) to start doing molecular testing immediately in the most beneficial MAC for molecular testing. This would save almost two years (maybe more) from having to set up the lab and get CLIA, Medicare, and Medicaid. New owner can start billing day 1!

This lab has no billing, so the new owners will accept no risk with a stock sale to keep the insurance contracts.

BCBS alone can take years, and the BCBS TX contract is essentially impossible to obtain since they aren’t accepting new laboratories. Laboratories with no equipment, staff or space with BCBS routinely go for upwards of $250,000 alone! Also, ideally, such a lab should not have run too many samples to avoid risks or audits and claw-backs, which our lab has zero samples which is verifiable during due diligence!

We are a two-person ownership group who also own a lab in North Carolina (our home state) which has seen significant growth and requires too much of our time to provide the appropriate attention to the Austin Market. We are happy to stay on board on a consultative basis for fee. The opportunity in the Austin market cannot be overstated. We have made over 50 connections with long term care communities in the area and well over 2/3’s of them are in the market for a new lab. Most are sending samples all the way to Houston. There is no competition in this market outside of Lab Corp. The new owners will inherit a full go-to-market strategy with our contact list as well as our vast sales experience to gain new clients should you choose. We also have all vendor relations lined up to pass over to the new owner so you can start running samples day 1. We are even open to a reference agreement from our NC location.

The new owners can take over the lease in Austin or move the laboratory. The location couldn't be better for a PCR lab. One mile into downtown Austin, less than 10 miles from over 15 assisted living facilities. It is ripe to bring precision PCR technology into the area. Not to mention there are over 25 community clinics in the area and we have the Medicaid contract!

INSURANCES
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The Lab is in network with Medicare, Texas Medicaid, and Blue Cross Blue Shield Texas.

ASSETS


The Lab is well-equipped with

– PCR Analyzer
– Biosafety cabinets
– Pipettes, Large hood, inventory of supplies
– Computers, monitors, desks, chairs
– Refrigerator, Freezer, etc.
– We have a number of additional analyzers in NC we can send as well!!