Description
Long‑established medical billing company with a 30‑year track record serving medium‑sized medical practices. Recurring revenue model supported by 2‑year client contracts and exceptionally long client relationships (18–23 years). Clients benefit from comprehensive billing management, proactive insurance follow‑up, and personalized patient statement handling.
The business operates with a highly experienced team of Account Managers, many with 5–25+ years of tenure.
Ideal Buyer: Perfect for an existing billing company, healthcare services provider, or entrepreneur seeking a profitable, recurring‑revenue service business.
Key Highlights:
- Stable client base
- Highly experienced staff; several with 5–25+ years tenure.
- Strong customer service.
- Referral-driven growth and strong reputation.
- Owner works 40–45 hrs./week managing operations.
Detailed Information:
Asking Price: $410,000
2025 Revenue: $623,375
2025 Seller’s Discretionary Earnings: $241,039
Facilities: Professional office with multiple private offices, conference room, kitchen, and storage. 5‑year lease with renewal option; rent $4,510/month.
Growth Opportunities:
- Expand marketing beyond referrals.
- Add new service lines (coding, credentialing, consulting).
- Target additional medical specialties.
- Increase automation and software efficiencies.
Support & Training: Seller is willing to stay on to assist in support and training.
Reason for Selling: Owner is preparing for transition after decades of involvement in the business.
The location noted is incorrect due to the high level of confidentiality. To Receive the Confidential Package on this business, please complete the attached NDA and email to info@firststreetbb.com or fax back to us at 603-501-3241.