Multi - Specialty Medical Billing Company - Northwest

Listing ID: 700278887

Listing Title: Multi - Specialty Medical Billing Company - Northwest

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Industry: Health and Medical

Industry Segment: Other Health and Medical

Country: United States

State / Province:


City: Pacific Northwest

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,100,000

Cash Flow: $212,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1999

Number of Employees: 10 - 19

Business Description:
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.

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