Medical Collection Service Established 20 Years
Location:
United States
->
Texas
->
Houston
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Houston
Industry: Business Services > Financial
Business Summary
A medical receivables management company for sale, founded in November of 1988 with the belief that customers, patients, and employees deserve the highest traditions of excellence, honesty, and ethics. As a member of the American Collectors Association, they provide aged receivable cleanup programs, early outsourcing, self pay & bad debt collections, insurance billing, installation of medical practice software, and consulting & training services. Most employees have 6-20 yr tenure. 100% of business is repeat/referral. No advertising/outside sales are currently being done. This company has an excellent competitive history beating most all competitors when going head to head. 90% of revenues come from Texas. Excellent opportunity for acquisition by collection agency or medical billing company wanting to get into hospital medical collections. Please refer to CBB Listing #6965MB
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,077,788
Cash Flow:
$269,572
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1988
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Health reasons.
Click on the "I'm Interested" button above for more information on this Business Services > Financial business for sale.
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Print Listing Id: 70096286
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