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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.