Hot Listing
Medical Billing and Practice Management Provider
Business Description
The Company provides medical billing, collections, and practice management services to independent physician practices in hospital based & office-based settings. The Company has been in operation for more than 30 years with a strong focus on customer service and has developed a sterling reputation for itself in the industry.
Key Aspects
• The Company and its management team have been in operation for almost
four decades and has established an outstanding reputation for providing
excellent service.
• The Company has maintained a high level of client satisfaction resulting in a
high client retention rate.
• The Company grew adjusted EBITDA at a compound annual growth rate
(CAGR) of 12.3% from 2021 through 2024.
• The Company has developed its own proprietary medical billing software
platform.
• The Company has an extremely diversified client base with no single client
accounting for more than 3.2% of the Company's 2024 revenue.
• Financials as of 12/24
REF-BN000062897
Key Aspects
• The Company and its management team have been in operation for almost
four decades and has established an outstanding reputation for providing
excellent service.
• The Company has maintained a high level of client satisfaction resulting in a
high client retention rate.
• The Company grew adjusted EBITDA at a compound annual growth rate
(CAGR) of 12.3% from 2021 through 2024.
• The Company has developed its own proprietary medical billing software
platform.
• The Company has an extremely diversified client base with no single client
accounting for more than 3.2% of the Company's 2024 revenue.
• Financials as of 12/24
REF-BN000062897
About the Business
- Opportunities for Growth
- • Search Engine Optimize the Company's website to increase visibility and
drive client growth.
• Implement new marketing strategies to reach clients in territories in the
Western United States.
• Penetrate additional medical specialties such as oncology, neurology,
surgery and/or others to expand the clients base and diversify revenue
streams.
• Explore artificial intelligence and automation options to streamline
processes and improve efficiency.
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2443141
- Listing Views
- 230
Listing ID: 2443141 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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