Successful Niche Medical Billing Business for sale

Sacramento, CA (Sacramento County)

Medical Billing Company

Asking Price:$374,995

Cash Flow:$141,805

Gross Revenue:$338,502





Successful Niche Medical Billing Business for sale

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Business Description

This Sacramento area Medical Billing business is a multi-specialty professional firm dedicated to meeting all of the insurance/patient billing needs of medical practices. They also provide consulting and credentialing services as well as handling unpaid claims and the collection process.

For 16 years they have been locally known for their expertise and flexible services to deliver quality product and services to their clients. This is a turnkey business with experienced staff already in place to continue to operate a successful billing management company. The current owner is willing to offer training and share procedures to help ease transition to a new buyer.

This business has opportunity for growth by increasing the marketing and sales outreach, and other expansion opportunities, while continuing to offer excellent and flexible billing practices. These items can contribute to a continued successful business. The new owner will have the flexibility to run the business from any location.

The market for medical billing has been increasing due to regulation complexities, technology improvements, and accelerated consolidation among provider and vendor organizations. There is a strong potential to grow the business with increased marketing.

Listing price- $374,995
Furniture, Fixtures, & Equipment- included in asking price. (approx. $12,500)
Support & Training- seller is available for transition training
Revenue- $338,502
Cashflow/SDE- $141,805

Please reply with a description of your business background, the type and size of business you seek to acquire, when you plan to purchase a business, your investment capability, and your interest in this business.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The 1,300 sf office space is located close to busy intersection with suitable parking and access to retail establishments.
Opportunity to create more business with physicians that still have their own in-house billing department. As with most businesses, there are competitors but this business has earned market share by providing top-level service earning referrals to other physicians.
Growth & Expansion:
Revenue: 3 year average $338,504 SDE: 3 year average $106,667
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other Interests

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Randy Hendershot

Business Listed By:
Randy Hendershot

Evolution Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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