Businesses for Sale —
Your Goals Fuel Our Passion

We’re experts in selling businesses located throughout New England with revenues from $1 to $30 million. We’re passionate, committed and proven in helping business owners realize the rewards of their hard work over many years.

Full-Service Medical Billing & Collections Business
Listing
1762
SOLD!
Acquired By
Industry Buyer
Norfolk County, MA
Revenue
$1,978,000
Cash Flow
$354,000
Asking Price
$895,000
Sold Price
$1,350,000
Business Description

This Massachusetts based company provides full-service billing and collections services to niche medical practices nationwide.
The primary sources of revenue for the company are:
• Billing Services: insurance billing, insurance payment posting, and collection services of both insurance and patient payments on behalf of the clinic;
• Credentialing: enrolling new companies and therapists with each participating insurance company accepted by the clinic; and
• Virtual Administrative Front Desk Services: completing the data entry, insurance benefit checks, and referral/authorization management on all patients otherwise required by the clinic front desk.

The company leases space through 2025 with an option to extend.
The Seller’s role is to oversee day to day operations of the business; the Seller is available for a transition period.

Growth Expansion and Opportunities

The company focuses on marketing to and servicing a certain niche of private medical practices. However, the services offered are applicable to a wider customer base. Marketing efforts could be adjusted accordingly.

Support & Training

The seller will provide training and support to ensure a smooth transion

Terms
Favorably reviewed for an SBA 7A loan!
Broker

Molly Hanson

Confidentiality Agreement: Download, fill it in and return it to us via email or fax to get the identity and full report about the business
  • Full-Service Medical Billing & Collections Business

Send Message