Description About This Posting: Home Health And Hospice Billing
Established Clients, Experienced Staff, Well-Priced for Cash Flow, Motivated Seller
Unique opportunity--acquire a highly-regarded, niche medical billing and advisory services operation. The knowledgeable, long-term staff have a strong track record obtaining maximum reimbursement percentages from insurance companies and their patients, while navigating through the complexities of ever-changing laws. The business has a strong base of recurring revenue, long term clients and demand for additional services.
Customers: With a focus in home health, hospice & nursing home clients, most revenue comes from California-based clients. This niche is much more profitable than typical physician billing and better ROI. There is also an additional income stream related to custom reports generated for clients.
Competition: Limited competition due to regulated industry and need for highly trained billing specialists. This company is known for its collaboration with clients and has >90% client retention.
Growth & Expansion: A new client with an annual contractual revenue of $100k minimum in 2019 is now onboarding, which will add to both the top & bottom line. With explosive growth in industry, there are also many opportunities to add services such as coding, database cleansing, medical record management and expansion of marketing/education efforts at industry events and through trade organizations.
Transition: Owner is ready for retirement, motivated and seeking an industry firm (or individual) with home health care or hospital billing expertise (and medical finance knowledge) to carry on the excellent reputation and continue servicing clients. Owner will provide training and stay on as needed in a consultative role to ensure a smooth transition.
To get more information about this Home Health And Hospice Billing business for sale in
San Francisco Bay Area please phone Amy Cole, M&AMI, CBB (Agent - BRE License #:01878465) at 925-890-6012 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #249837 on BizBen.com. In addition to phoning
Amy Cole, M&AMI, CBB, make sure you email Amy Cole, M&AMI, CBB above to get more info about this
Home Health And Hospice Billing, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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A buyer contacted me about financing (the purchase of) a home healthcare business and asked me about the future of this industry - I take on this question in a BizBen Discussion. Reach Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy/ProSell Program Advisor at BizBen) at 925-785-3118.
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