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Medical Billing & Software Businesses
Location: United States -> Oregon -> Pacific Northwest
Industry: Health and Medical > Other Health and Medical




Business Summary

Multi-specialty medical billing company located in the Pacific Northwest:

Traditional medical billing/revenue cycle management company established in 1999 that provides billing, coding, collection and practice management services. 22 active clients with mult-specialties including family medicine, surgical/sports medicine, reproductive health and many others. All clients have written contracts that are automatically renewed annually, and many have been with the company for 5-15 years. Revenue has been stable for the past several years.

Single office with a month-to-month lease. None of the customer contracts prohibit offshoring if that is the buyer's model. Manager in place that has direct client contact would be capable of running the daily operations after the sale, plus 11 FTE employees. Opportunities for growth as well as cost reductions for a buyer through outsourcing additional labor, eliminating software and other duplicate expenses.

Owners will consider staying on a p/t consulting basis after transition if buyer wants and taking part of the purchase price in a seller note. Buyer paid brokerage fee.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,100,000
Cash Flow:   $212,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  Yes

About The Business

Year Established:  1999
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Full support & training
Reason For Selling:  Semi-retirement




Print Listing Id: 700278888
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Also See: Franchise Opportunities > Franchise Resales > Oregon Businesses For Sale > Oregon Franchises For Sale > Oregon Business Brokers



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