GOTTESMAN COMPANY & Cooperating Intermediaries Seller Profile
United States, Canada & Europe Since 1985
America’s International Network of M&A Business Brokers
Medical Billing and Practice Management Company
Business Description: The Company provides medical billing and full practice management services through multiple locations. Its diverse client base is located across the United States. The Company’s skilled and long-term employees are in place to handle operations effectively and provide a seamless transition to new ownership. The Company has demonstrated strong year-over-year growth in revenues and profits.
Strategy: The Company is growing aggressively. 2017 first quarter puts the company on track to do $9.3MM with $933K EBITDA. They continue to focus on providing a full spectrum of services to their clients. Currently approximately 30% of the revenue is generated through medical billing and 70% through practice management services. The have multiple offices throughout the United States and look to continue to expand their customer base.
Operational Strengths: The Company has a strong operational team. Current owner is not involved in the day-to-day management of the company. With software, systems, and redundancy in systems and personnel, the Company has a strong operational base. Using its expertise and experience in providing medical billing, staffing, HR, consulting, and operational support for their clients, the Company continues to show improvement in profit margins.
The Transaction: As the owner has other business interests, he is seeking to sell the entire business and is available to provide a smooth transition.
|Revenue||$8.8 million||$7.3 million||$6.0 million|
|Location||Financials||Management Team in Place||Years in Business||SIC Classification|
|East Coast||Compiled||Yes||15+||641199, 7089, 7363, 7389|
Direct All Inquiries to:
Refer to: S-2924-1 JPN
Tel: 212-330-8010 Fax: 646-434-4557
Gottesman Company – 200 East 71st Street – New York, NY 10021 www.Gottesman-Company.com
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