Medical Collection Service Established 20 Years
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1077788
Net Profit / Cash Flow $269572
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Health reasons.
Description A medical receivables management company for sale, founded in November of 1988 with the belief that customers, patients, and employees deserve the highest traditions of excellence, honesty, and ethics. As a member of the American Collectors Association, they provide aged receivable cleanup programs, early outsourcing, self pay & bad debt collections, insurance billing, installation of medical practice software, and consulting & training services. Most employees have 6-20 yr tenure. 100% of business is repeat/referral. No advertising/outside sales are currently being done. This company has an excellent competitive history beating most all competitors when going head to head. 90% of revenues come from Texas. Excellent opportunity for acquisition by collection agency or medical billing company wanting to get into hospital medical collections. Please refer to CBB Listing #6965MB
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