Primary Care Associates, PC
How we got $4.7M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 48% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Primary Care Associates, PC is a Bartlesville, OK practice offering relationship-based primary care focused on prevention, early detection and long-term wellness for patients of all ages.
From the company's website. Industry: Doctors & clinics.
Customers & suppliers
Suppliers & brands
- MDVIP · brand it sells or installs
Estimated value over time
▲ 55% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 61% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 38 | $8.8M |
| 2020 | Form 5500 | 29 | $6.7M |
| 2021 | Form 5500 | 24 | $5.6M |
| 2022 | Form 5500 | 25 | $5.8M |
| 2023 | Form 5500 | 24 | $5.6M |
| 2024 | Form 5500 | 15 | $3.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRIMARY CARE ASSOCIATES, PC this business | $6.6M | — |
| Regional Medical Laboratory Bartlesville | $2.0M | 0.0 mi |
| Ascension St. John Jane Phillips Physical Medicine Center Bartlesville | $2.0M | 0.7 mi |
| OCSRI Bartlesville Cancer Center Bartlesville | $2.0M | 0.7 mi |
| Jane Phillips Medical Center Bartlesville | $2.0M | 0.8 mi |
| Jane Phillips Specialty Physicians Bartlesville | $2.0M | 0.8 mi |
| Fresenius Kidney Care Jane Phillips Bartlesville | $2.0M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.4M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.7M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.4M – $6.4M |
| Revenue range | $4.4M – $7.5M |
| EBITDA range | $681K – $1.2M |
| Industry (NAICS) | HMO Medical Centers (621491) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- RDReenie DanielSigned for the company · 2023 retirement-plan filing (Form 5500)
Advisors
- BankingArvest BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $384K | 38 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Primary Care Associates, PC
Primary Care Associates, PC is a doctors & clinics company in Bartlesville, Oklahoma, in business since 2014. Its estimated annual revenue is about $6.6M, with roughly $1.0M of EBITDA. It has about 15 employees. Its estimated business value is $4.7M (likely range $2.4M–$6.4M).
Common questions
- Who owns Primary Care Associates, PC?
- The owner of Primary Care Associates, PC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Primary Care Associates, PC make?
- SeeBITDA estimates Primary Care Associates, PC's annual revenue at about $6.6M (likely between $4.4M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Primary Care Associates, PC worth?
- About $4.7M, roughly 4.5× its estimated EBITDA of $1.0M, typical for a doctors & clinics company its size. Likely range: $2.4M–$6.4M.
- How many employees does Primary Care Associates, PC have?
- About 15, from its 2024 retirement-plan filing.
- When was Primary Care Associates, PC founded?
- Primary Care Associates, PC has been in business since 2014.