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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