Mid Atlantic Healthcare Documentation Firm For Sale

Posted 1 year ago

Acquisition Opportunity :
Mid Atlantic Healthcare Documentation Firm

 Our client is a Medical Transcription firm with an acute/ambulatory customer base mostly in the Mid Atlantic Region. The owner is looking to retire but is open to staying on during a transition period.

Well established MTSO with excellent client relationships and EMR integration. Customer base is approximately 50% Acute, 50% Ambulatory. Many clients have five-year contracts,  smaller clients have letters of agreement. The company office is  available for lease to new owner, but not required. Here are the main points :

  • Incorporated 1982
  • 2015 Revenue : $1,650,781
  • 2016 Projected Revenue : $1.3M
  • Production is 100% U.S.
  • Several clients with 30+ year contractual relationships
  • Recently vetted for federal, state and local GSA contract schedule
  • Open to new platform, however employees and clients currently use proprietary file delivery system
  • Proprietary mobile app
  • Workforce includes project manager; two IT consultants, office assistant, two remote QA supervisors,  and 27 MT’s.
  • All MT’s are employees and work on company laptops
  • MT’s compensation tied to production and accuracy to ensure highest quality
  • 99.85% accuracy ratings with semi-annual audits of MT’s
  • Gross profit margin of 42%

For additional information, contact broker:

Gabriel Kruse
Kruse Acquisitions, LLC
gabriel@kruseacquisitions.com
(608) 345 8245

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