Hot Listing
Fifty year old medical billing business
Business Description
This established medical billing enterprise represents a rare acquisition opportunity, featuring five decades of continuous operations and proven market resilience. The organization generates $2 million in annual revenue through a diversified client portfolio characterized by exceptional retention metrics and contractual stability.
The company maintains robust client relationships with initial contract terms of one to three years, transitioning to evergreen agreements that demonstrate sustained value delivery. Client tenure averages 5.5 years, with numerous relationships extending beyond 10 years, indicating superior service quality and operational reliability. The revenue distribution reflects strategic diversification, with the two largest clients each representing 18% of annual revenue while the average client contributes only 2%, effectively mitigating concentration risk.
Operational excellence is achieved through a sophisticated hybrid workforce model combining domestic expertise with scalable international support. The Wisconsin-based core team manages all strategic functions including client relations, operations oversight, medical coding, and account management, ensuring direct client engagement and quality control. Complementing this domestic foundation is a strategic partnership with a Chennai-based business process outsourcing provider that delivers cost-effective coding, claims processing, and follow-up services without client-facing responsibilities.
This dual-structure framework provides operational continuity, deep process expertise, and scalable capacity to accommodate client volume fluctuations and new account acquisition. The architecture offers future ownership flexibility, allowing continuation of the existing BPO partnership or transition to proprietary offshore facilities based on strategic preferences.
The organization's longevity, stable revenue base, proven client retention, and adaptable operational model position it as an exceptional platform for continued growth within the expanding healthcare revenue cycle management sector.
The company maintains robust client relationships with initial contract terms of one to three years, transitioning to evergreen agreements that demonstrate sustained value delivery. Client tenure averages 5.5 years, with numerous relationships extending beyond 10 years, indicating superior service quality and operational reliability. The revenue distribution reflects strategic diversification, with the two largest clients each representing 18% of annual revenue while the average client contributes only 2%, effectively mitigating concentration risk.
Operational excellence is achieved through a sophisticated hybrid workforce model combining domestic expertise with scalable international support. The Wisconsin-based core team manages all strategic functions including client relations, operations oversight, medical coding, and account management, ensuring direct client engagement and quality control. Complementing this domestic foundation is a strategic partnership with a Chennai-based business process outsourcing provider that delivers cost-effective coding, claims processing, and follow-up services without client-facing responsibilities.
This dual-structure framework provides operational continuity, deep process expertise, and scalable capacity to accommodate client volume fluctuations and new account acquisition. The architecture offers future ownership flexibility, allowing continuation of the existing BPO partnership or transition to proprietary offshore facilities based on strategic preferences.
The organization's longevity, stable revenue base, proven client retention, and adaptable operational model position it as an exceptional platform for continued growth within the expanding healthcare revenue cycle management sector.
About the Business
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Financing Options
- For qualified buyers, seller may consider carrying some portion as a note or earnout
Listing Info
- ID
- 2468144
- Listing Views
- 154
Attached DocumentsAttachment Disclaimer
Listing ID: 2468144 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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