Medicaid Approved Insurance Appeals Co

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$55,000 $65,000

Services: Financial, Accounting, Insurance

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RE: Medicaid Approved Insurance Appeals Co Broker: Seller of Business

Quick Facts

Asking Price: $55,000
Annual Revenue: $65,000
Net Profit: Not Disclosed
Cash Flow: $45,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 58453909
Broker Reference #: SVS452

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Business Overview:

No Experience required, owner will train for this appeals coordinator company, as an independent contractor, assist clients with coordinating their medical claims and Medicaid assessment in the State of New Jersey. This transaction includes the purchase of a New Jersey State Medicaid License. This particular company was started as a service business to help people who have had difficulty getting their insurance claims paid which also includes Medicaid. The company has a tested successful system which bills both Medicaid and the state. As an appeals coordinator, it is apparent that many people and medical companies require assistance with their outstanding insurance claims. Presently the company does insurance appeals for doctors’ offices, hospitals, and individuals. They have assisted their clients will claims from $500, to millions of dollars with positive results. A large percentage of the company’s business includes assessments/counseling through Medicaid. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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