Medical Collections Agency For Sale

Not Disclosed, NY

Metro Area

Asking Price: Annual Revenue:
$7,750,000 $5,500,000

Services: Medical, Dental

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RE: Medical Collections Agency For Sale Broker: Raj Sheth

Quick Facts

Asking Price: $7,750,000
Annual Revenue: $5,500,000
Net Profit: Not Disclosed
Cash Flow: $1,300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 754126891
Broker Reference #: Not Disclosed

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Business Overview:

Well-respected and professional, impact-oriented medical collection agency operating in New York offered for immediate sale. Proudly in business for over 30 years, this trusted agency has established a reputation as a highly effective collections partner for some of the region’s leading hospitals and healthcare practitioners, providing cost-efficient, timely and reliable services through its loyal, knowledgeable and long-tenured staff.

A unique team approach that incentivizes team results promotes collaboration of effort, ultimately resulting in a healthy corporate culture, higher collections rate, and client satisfaction, as evidenced by the nearly 90% customer retention rate! Longstanding relationships with many clients garner the firm’s “default” status in the assignment of new debt collection opportunities as well as customer referrals. To wit, approximately 50% of all new business is referred.

Ownership and management’s commitment to excellence in all aspects of its business practices and compliance with applicable federal, state, and local guidelines earned the company SOC-2 certification, the highest standard for collection agencies. An average of 10% growth year-over-year over the last few years and easily implemented strategies, including diversification into non-medical industries, geographic expansion, and increasing networking activities with existing medical providers, ensures sustainable profitability. A well-equipped office with a state-of-the-art IT platform and an owner willing to stay on indefinitely post-closing complete this turnkey offering.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is leased.
  • The owner is not 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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