Current Sell-Side Engagements

Northeast U.S. Medical Billing
Acquisition Opportunity

• S-Corp Founded 1992
• Revenue : 2015P $2.1M; 2014 $1.5M; 2013 $1.4M
• Customers: Mix of Public & Private
  • Municipal Emergency Medical Services, Public Sector, Physicians & Clinics
  • 39% Municipal Ambulance Services, 31% Public Sector, 25% Physician Practices, 5% Urgent Care
• Approximately 100 Customers
  • Revenue distributed nicely among diverse client base
  • Many with 3 year contracts
  • Customers are all within one state, where company holds leading reputation
  • Great opportunity to expand services to other states
  • Many long term customers
• Labor/Staff
  • Approximately 20 Employees
  • All employees, no ICs except on ad-hoc basis
  • All employees work at company building
• Technology
  • Variety of Platforms, with AllScripts and Lytec being the most common.
  • Internal software tools to improve operational efficiency

For Additional Information, contact Broker:

Tim Kruse
Kruse Acquisitions, LLC
tim@kruseacquisitions.com
608-620-4452

Mid Atlantic Healthcare Documentation Firm

• Incorporated 1982
• 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
608-354-8247