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Listing #S127519

Mississippi Medical Billing Business

This is an opportunity to partner with a Medical Billing business that provides high quality and cost-efficient medical billing services to doctors' offices, hospitals and free-standing medical facilities.

Industry considerations - According to the Bureau of Labor Statistics, the demand for medical records and health information technicians is expected to grow by 18 percent from 2006 to 2016.

Company Considerations - The current owner has 35 years of experience in the medical software industry. He has started and developed four businesses as well as bought and developed two businesses, all of which were successful in the medical software industry. He is willing to stay with the company after the transaction as a partner sharing in the post-transaction earnings. The Company enjoys a growing revenue stream and diversified client base. Risk is mitigated through a low capital investment requirement, use of a third party vendor to maintain software and ongoing training provided to medical billing specialists. Operations are scalable and flexible, which provides a strong opportunity for potential investors to realize revenue and operational synergies.

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Primary Business Category: Services - Business (SIC 73, NAICS 561)
Location: Mississippi
Metropolitan Area: Not Disclosed
Listed by: An Intermediary
 

Financial Information

Gross Revenue: Not Disclosed Asking Price: Not Disclosed
Current Year Projected Revenue: Not Disclosed FF & E (included): Not Disclosed
EBITDA: Not Disclosed Inventory (included): Not Disclosed
Current Year Projected EBITDA: Not Disclosed Real Estate (included): Not Disclosed
Profitable: Not Disclosed Transaction Sought: Not Disclosed
Business Type: Not Disclosed Payment Requested: Not Disclosed
Financials: Not Disclosed Seller Financing Available: Not Disclosed
 

Company Information

Year Established: Not Disclosed Home Based: Not Disclosed
Number of Employees: Not Disclosed Franchise: Not Disclosed
Management: Not Disclosed Distressed: Not Disclosed
Non Compete Agreement: Not Disclosed Relocatable: Not Disclosed
Reason for Sale: Not Disclosed
Fiscal Year End: Not Disclosed
Ownership: Not Disclosed
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Other Information

The current owner is seeking a buyer/strategic partner whose primary operations are in the United States.