Medical Billing Company
www.GlobalBX.com
Listing ID:
700278829
Listing Title:
Medical Billing Company
Quick Link:
http://www.globalbx.com/listing.asp?bId=278829
Industry:
Health and Medical
Industry Segment:
Other Health and Medical
Country:
United States
State / Province:
New York
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$2,250,000
Cash Flow:
$540,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1989
Number of Employees:
20 - 34
Business Description:
Fully-compliant 28-year track record of profitable operations and a recurrent client base. Owner has prepared for semi-retirement by developing an excellent staff in place for that purpose. Company provides services to a wide range of medical specialties including Endoscopy, Gynecology, Gastroenterology, Internal Medicine and many others.
Management/Staff: 20 including owner and 2 managers. All employees are assigned accounts and are responsible for all tasks associated with that account, including coding, billing and collections.
Facilities: Leases 2,600 sf on a month-to-month basis but lease is renewable for an additional five years.
Owner's valuation at one times trailing twelve months (TTM) revenue; will consider carrying part of the purchase price in a seller note from a qualified buyer with market interest on the deferred balance.
Buyer-paid brokerage fee.
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