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- RE: Texas Healthcare Software Solutions Company
- Contact: Riick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $837,750 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $468,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 11 | |
| BBN Listing #: | 944052 | |
| Broker Reference #: | 1214 SOFTWARE |
Business Overview:
The Company provides a leading suite of software and service solutions to support healthcare providers. Products and services included are Patient Assistance Program for Prescription Drugs Software (PAP), “onshore” based Medical Billing, Credentialing, Collections and Denial Management Services, Electronic Medical Records (EMR) Software, Proprietary Claim Adjudication Software. The trademark, patentable, and proprietary software is designed to increase revenues for the healthcare providers while improving the quality of care for patients. The suite of software products and services are being used by both for-profit and non-profit healthcare providers, as well as private and government healthcare providers. Providers currently using the suite of software and services include but are not limited to hospitals, pharmacies, clinics, healthcare centers, government and county run healthcare facilities, Native American Pharmacy, Patient Advocates, medical billing companies and billers. The company owns all the source code. The software has already facilitated over $520 million in free or very low cost name brand and generic medications through successful patient assistance applications, for insured, underinsured, uninsured and indigent patients, especially patients falling at or below the 400% of the Federal Poverty Guidelines (FPL); over 58% of the population can qualify. The business is scalable within a fast-growing healthcare sub-sector.
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Property Features and Assets:
Virtual Offices
Market Competition and Expansion:
Competition: There are several companies in this space, both offshore and domestic billing companies. There are also several providers for EMR software.
Growth & Expansion: This business is very scalable and is already set up for virtual operations. It has industry leading software that can be implemented with hospital systems, governments, insurers, employers and more. A more robust marketing and sales team will grow revenue significantly.
Reason for Selling:
Retirement due to illness
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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