Medical Billing, Northern CA

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Medical Billing, N CA

Business Description

Northern California – well established revenue cycle management firm with a strong emphasis in gastroenterologist, concierge medicine, physical medicine / rehabilitation, cardiothoracic surgery, dermatology and internal medicine space. The company has a strong background in technology and medical practice workflow efficiencies.

The company employees a highly trained and dedicated staff of account managers, and patient advocates. Said staff prides itself on completing the job accurately and efficiency.

This is an attractive and established opportunity in this rapidly expanding $18 billion industry. The outsourcing of revenue cycle management services continues to demonstrate tremendous growth as the complexity of billing and coding increases and physicians migrate to individual practices or smaller groups.

2018 Revenue: $1,134,000
2018 EBITDA: $272,000 (includes $80,000 for owners’ replacement)
FTE: 13 (includes CEO)

About the Business

Location:
California
Year Established:
1980
Number of Employees:
13
Relocatable:
Yes
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About the Sale

Reason For Selling:
retirement
Training/Support:
during transition
Seller Financing:
willing to finance up to 25% for the right buyer.

Listing Info

ID:
1457754
Ad Detail Views:
0
Asking Price:
$1,250,000

Gross Revenue:
$1,134,000
Cash Flow:
 Not Disclosed
EBITDA:
$350,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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U.S. Census Data for California
Age

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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for California
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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