Medical Billing Company in Dallas Fort Worth Area

Not Disclosed, TX
Parker County

Parker County

Asking Price: Annual Revenue:
$200,000 $203,059

Services: Medical, Dental

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RE: Medical Billing Company in Dallas Fort Worth Area Broker: Rich Giles

Quick Facts

Asking Price: $200,000
Annual Revenue: $203,059
Net Profit: Not Disclosed
Cash Flow: $50,881
Total Debt: Not Disclosed
FF&E: $20,241
Real Estate: Not Disclosed
Year Established: 2006
Employees: 4
BBN Listing #: 42084955
Broker Reference #: 6004-14534

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Business Overview:

This company services any medical practice or entity that files insurance, Medicare or Medicaid on behalf of patients, thus allowing those companies to focus more on their core competencies. The company's up-to-date knowledge of insurance, Medicare and Medicaid rules and regulations allows them to collect the maximum amount of money on most insurance claims. They are 100% compliant with federal regulations regarding HIPPA and electronic medical insurance claims.

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Property Features and Assets:

The company leases space in a very attractive one-story office building. The lease payment is month to month and the rate is $1,600 per month, including utilities and internet. In addition to the relatively modest amount of furniture, fixtures and equipment necessary to run a business like this, the most essential non-human asset is the software that they use in their business. Total Assets: $20,241

Market Competition and Expansion:

There are a handful of companies in the local area that offer similar services, but with the growing complexity medical and insurance filing, the demand for their services is increasing. As mentioned above, the growing complexity and volume involved in the medical insurance world is causing more medical practices to turn to a company like this. This company has done very little marketing and advertising, so with resources invested in this area, growth is quite possible.

Reason for Selling:

The owner wishes to concentrate on other companies

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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