Newman Healthcare Associates
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Newman Memorial Hospital is a 25-bed Critical Access Hospital in Shattuck, Oklahoma, providing emergency, inpatient, surgical, specialty and clinic care to communities in northwest Oklahoma. Its clinics, Newman Healthcare Associates, operate in Shattuck, Woodward and Mooreland.
From the company's website. Industry: Doctors & clinics.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Newman Healthcare Associates this business | $1.5M | — |
| Stuart Family Medicine, Pllc Shattuck | $1.5M | 0.0 mi |
| Scott Eye Care Pllc Shattuck | $1.5M | 0.4 mi |
| NEWMAN PHYSICIANS' GROUP, INC. Shattuck · 11 employees | $2.0M | 7.1 mi |
| Better Hearing Systems Of Ok Woodward | $1.5M | 27.3 mi |
| Traditions Health Hospice Woodward | $1.5M | 27.6 mi |
| Ryse Academy Of Martial Arts Woodward | $1.5M | 27.6 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 3.3× |
| Value range | $298K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Offices of Physicians businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (22%). Treat these as a rough guide.
| Revenue range | $523K – $1.9M |
| EBITDA range | $113K – $417K |
| Industry (NAICS) | Offices of Physicians (6211) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Newman Healthcare Associates
Newman Healthcare Associates is a doctors & clinics company in Shattuck, Oklahoma, in business since 2001. It is owned by Tom Vasko (Chief Executive Officer). Its estimated annual revenue is about $1.5M, with roughly $326K of EBITDA. Its estimated business value is $1.1M (likely range $298K–$1.7M).
Common questions
- Who owns Newman Healthcare Associates?
- Newman Healthcare Associates is owned by Tom Vasko (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Newman Healthcare Associates make?
- SeeBITDA estimates Newman Healthcare Associates's annual revenue at about $1.5M (likely between $523K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newman Healthcare Associates worth?
- About $1.1M, roughly 3.3× its estimated EBITDA of $326K, typical for a doctors & clinics company its size. Likely range: $298K–$1.7M.
- When was Newman Healthcare Associates founded?
- Newman Healthcare Associates has been in business since 2001.