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MEDICAL BILLING AND SOFTWARE

Seller: Attn: VR Business Sales
Location: Tampa Bay Area, FL, USA
Listing Number: "4215-3261"


Asking Price: $550,000 USD USA Dollars
Industry: Technology: Software
Reason for Selling: Other Business Interest
Year Established: 2006
Number of Employees: 5

Overview of the Business:

Start-Up Medical Billing and Software Company with proven medical office management operational platform and solid vision for unlimited growth seeks working capital for next level of success. The company is incredibly well positioned to take advantage of a burgeoning industry that’s been reported by the U.S. Bureau of Labor Statistics as one of the 30 fastest growing, with inherent capabilities to sail through the current recession. This company is unusually strongly poised for success because unlike competitors, it provides personalized billing specialist service combined with state-of-the-art, industry-leading intuitive software. Profit margins are as high as 50%. Health care providers spend $7 billion annually processing insurance claims; conservative predictions indicate that revenue will grow approximately 500% within the next four years for this company. This company already services eight clients across the country and has a base of 250 Real-Time Patient Eligibility customers. Those who are prepared to follow through with aggressive market resources should reap substantial revenues as well as consistent and explosive growth. Relocatable.


Property Features and Assets:

Lease: Company operations are performed from a single leased 225 square feet office, The office is located in a professional building. Most support and contract work is done remotely. Base Rent $225.


Market Competition and Expansion:

The Company relies primarily on industry publications and search engine leads for generating leads among small and growth-oriented physician-based practices across the United States. An educational-driven website supplements these activities. The company is ripe for expansion with a capital investment from a qualified buyer who can take marketing to the next step through printed media, trade show involvement, and aggressive Internet marketing Search Engine Optimization techniques. Currently the business has one outside salesperson handling the entire US.


Additional Details:


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