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Medical Billing and Software

Tampa Bay Area, Florida

Services - Health, Medical & Dental | Internet - Software

Asking Price $550,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 2006
FF&E $5,000* Employees 4

* included in the asking price

** not included in the asking price

STARTUP Medical Billing and Software Company with proven medical office management operational platform and solid vision for unlimited growth seeks working capital for next level of success. The company is incredibly well positioned to take advantage of a burgeoning industry that s been reported by the U.S. Bureau of Labor Statistics as one of the 30 fastest growing, with inherent capabilities to sail through the current recession. This company is unusually strongly poised for success because unlike competitors, it provides personalized billing specialist service combined with state-of-the-art, industry-leading intuitive software. Profit margins are as high as 50%. Healthcare providers spend $7 billion annually processing insurance claims; conservative predictions indicate that revenue will grow approximately 500% within the next four years for this company. This company already services eight clients across the country and has a base of 250 Real-Time Patient Eligibility customers. Those who are prepared to follow through with aggressive market resources should reap substantial revenues as well as consistent and explosive growth.. ///// RELOCATABLE /////

Facilities: Company operations are performed from a single leased 225 sq. ft. office, The office is located in a professional building. Most support and contract work is done remotely.

Competition: The Company relies primarily on industry publications and search engine leads for generating leads among small and growth-oriented physician-based practices across the United States. An educational-driven website supplements these activities. The company is ripe for expansion with a capital investment from a qualified buyer who can take marketing to the next step through printed media, trade show involvement, and aggressive Internet marketing Search Engine Optimization techniques. Currently the business has one outside salesperson handling the entire US

Growth/Expansion: Strengths: The Company is one of the few in the industry that offers a two-tier business model to customers and prospects: knowledgeable customer billing specialists and easy-to-navigate yet sophisticated software. Most competitors offer either one or the other. The company s major competitor is larger and less agile. Very low overhead makes this opportunity particularly attractive for the prospective buyer.

Support/Training: 2 weeks

Reason Selling: Owner wants to focus on other business interests.

Business For Sale By

VR Business Sales

813-739-8722

VR Business Brokers

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