Profitable Medical Billing/RCM Company

Business Overview:

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. Annual revenues have consistently been in the $2.2M-$2.4M range for the past several years and are on target for that range again for 2017.

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.

Owner's valuation is 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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Property Features and Assets:

Leases 2,600 square feet on a month-to-month basis but lease is renewable for an additional five years.

Reason for Selling:

Semi-retirement and liquidity.

Additional Details:

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