Medical Billing and Practice Management Provider
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
Opportunities
• 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.
Financials (USD)
Asking Price Not Disclosed
Cash Flow $2,706,000
Sales $16,972,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign Up

