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Telehealth Turnkey Investment Opportunity
Location: United States -> Ohio
Industry: Health and Medical > Other Health and Medical

Business Summary

- Investment consideration: Niche telehealth business founded in 2019 by the present owner/CEO who has extensive leadership and expertise as an entrepreneur in healthcare, health information/records, and revenue cycle management services. Seeking a strategic equity partner to bring their marketing and financial resources together in order to take the business to the next level and provide some liquidity to the owner who has funded development entirely with personal funds.

- Ground floor turnkey operation: The Company presently has a network of licensed physicians that cover 29 states and is continually adding new providers to the network. Credentialing has been completed with all major insurance companies and Medicaid. Also, credentialing with Medicare has been approved for telemedicine services during the
Covid-19 pandemic crisis.

- Fully HIPPA compliant system: The service provides consumer and healthcare clients a white labeled software application (the ''App'') for their computers and Apple and Android mobile devices with full-service for a wide variety of remote telemedicine healthcare services including medical, behavioral health, dermatology and others. In effect, a Virtual Doctor 24/7 from phone/tablet/PC.

- Outstanding growth opportunities: For health plans, insurance companies are a ''Virtual App'' so members of that company can get better priced service. For insurance companies, they can load all their members, charge them fees, and receive fees when members use the services. For employers, same as health plans but better deals for self-funded companies to reduce costs, create a Kiosk on site, etc. For physicians, this is an opportunity to provide services to their patients 24/7. Telehealth market has exploded due to Covid-19 pandemic and will continue to grow as providers and patients get more comfortable with the service.

Valuation and deal structure: Best offer

Corporate Finance Advisors 216-662-3424 x 102


Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2019
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Seeking strategic equity partner & some liquidity

Print Listing Id: 700349161
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