Tim Kruse

The firm is an independent psychiatry clinic in a large Texas city with one location serving over 35,000 patients for over 16 years. The clinic treats patients of all ages for all non-violent psychiatric conditions, primarily using medication or via Transcranial Magnetic Stimulation, or other methods depending on the patient's needs. Most patient encounters are with the team of six W2 Physician Assistants, overseen by a board certified Owner-Medical Director. The majority of patient visits are tele-medicine, and two PAs provide care from their homes around the country. Most patients are with the clinic for many years and the clinic has always maintained a long list of interested new patients. The practice has contracts with numerous insurance providers, including TriCare and commercial insurance, but do not take Medicare or Medicaid. The Medical Director and PAs are credentialed with all payors. The majority of patients use ... Less

Majority of contracts 3-7 yearsCustomer base consists entirely of Government agencies, including municipal, state, Federal, and Department of Defense, with a focus on law enforcement and public sector needs.Revenue split is 84% transcription and 16% translation. Seller working on growing the translation line, recently won first translation-only contract.Revenue is well-diversified, with no single contract exceeding 36% of total revenue, ensuring low revenue concentration and reduced client dependency.ASR utilized for 48% of the audio minutes received, including multi-speaker verbatim accounts. ASR lowers labor cost by 27.5%. Room to grow usage. Strong margins on labor across all contracts. 47.2% Gross Profit percentage (including ASR labor savings).Majority of contracts in California but present in several states.Government bid win rate of 46% over past 3 ... Less

The firm is an independent rural health clinic with two locations in east Texas providing primary care to 15,000 patients for nearly 30 years. The Clinic has contracts with over 60 insurance providers including Medicare and Medicaid. Both locations are Designated Rural Health Clinics. Care is provided by two MD's and five Nurse Practitioners along with an experienced staff of nurses, technicians and office personnel. About $770,000 of the revenue is derived from the Seller's hospital privilege and Directorship at five Long Term Care Facilities, which will flow through to the new Owner as revenue. ... Less

Rare opportunity to acquire a medical transcription book of business (MTSO) consisting of 120 IME docs. All physicians come to the MTSO through a single large multi-national provider of IME services with clients in the U.S., Canada, the United Kingdom and Australia. The IME client has outsourced transcription work to the MTSO since 2011. Specialty Providers Specialty Providersorthopedic 65 vascular surgeon 1neurology 11 infectious disease 1psychiatric 3 family medicine 1neurosurgical 3 chiropractic 1otolaryngologic 3 anesthesiologist 1ophthalmology 3 psychology 1internal medicine 3 general surgeon 1nephrology 2 neurosurgeon 1podiatric 2 rheumatologist 1gastroenterology 2 physical medicine & rehabilitation 1urologic 2 cardiac 1plastic and reconstructive surgery 2 osteopathic 1psychologist 1 gynecological 1endocrinology 1 pulmonary 1internal medicine/nephrology 1 radiology 1 internal medicine & pulmonary medicine 1Total ... Less