MEDICAL BILLING & CODING COMPANY
MLS #883-90445
TAMPA BAY, FL
LISTING DETAILS
PRICE: $ 2,750,000
REVENUE: $ 2,002,350 *
EBITDA: $ 846,248 *
FF&E: $ 30,000
*Rolling 12 months-Sept 24
Confidentiality is essential. Completion of Non-Disclosure Agreement and Buyer’s Worksheet are required for more detailed information.
Own a Successful Medical Billing Business – Proven Model with Expansion Opportunities!
Business Overview
This well-established medical billing company in Tampa Bay specializes in streamlining healthcare billing and claims processes, offering comprehensive solutions that improve efficiency and accuracy. Their services manage all aspects of medical billing, insurance claims, and collections, allowing healthcare providers to focus on patient care.
With a large, well-trained team equipped to handle high volumes, the company ensures personalized service to meet the unique needs of each client. Its strong culture of teamwork and customer focus has led to long-term relationships with healthcare providers, fostering steady growth and a solid reputation.
Property Features & Assets
The company operates in a spacious facility with a lease through 2027, located near a major Florida highway in a professional office park. The space accommodates 26 employees, with room to expand, and offers ample parking. The landlord has been cooperative and flexible, providing opportunities for future growth.
Market/Competition
The medical billing industry is expected to grow, driven by an aging population and the increasing complexity of billing processes. This company’s streamlined systems, robust software, and rapid claim processing give it a competitive edge, offering faster service and accuracy compared to competitors.
Growth, Expansion, & Marketing
Growth has been fueled by word-of-mouth, but significant opportunities exist to expand through marketing. A new owner could implement online advertising, social media, and a stronger web presence to attract more clients. There is also potential to scale by targeting new client types such as medical practices and nursing homes.
Reason for Selling
One partner passed away in September 2024 and the remaining owner is ready to retire to focus on personal interests and community activities.
Call Brian with any questions at 833-Buy-Biz1 (833-289-2491) or email us at Biz@BuyBizUSA.com to request details.
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