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Medical Billing and Collections Company

Off-Market

Murrieta, CA

Medical Billing And Collections Company

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Revenue

$660,000

Earnings (SDE)

$240,000

Margin

36.4%

Year Established

1986

Listed

30+ Days

Customers

The company serves 10 to 12 clients total, including surgeons and two surgery centers specializing in orthopedics and plastic surgery. Clients are extremely sticky with retention periods of 15 to 20 years.

Customer Acquisition

Acquired entirely through word of mouth with no marketing.

Team

The business has 7 employees.

Owner's Role

Both the owner and his wife work full-time in the business.

Reason for Selling

The owners are looking to retire within the next 6 to 12 months. The owners' sons are not interested in taking over the business; they are working in other fields.

Contracts

3–5 year contracts with customers.

Real Estate

No

When Are You Looking to Sell

6-12 months

Licenses Required

No

Additional Notes

The business performs coding, sends bills to insurance companies, and handles collections for doctors, primarily in workers' compensation in California.

Business ID: 1760

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