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Healthcare Services Company Equity Stake For Sale in Kuwait City, Kuwait

Healthcare operator with its own hospital software, turning underperforming hospitals profitable.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 900 thousand - 1 million
Run Rate Sales USD 936 thousand
EBITDA Margin 9 %
Industries Healthcare Services + 1 more
Locations  Beirut + 1 more
Local Time 11:11 AM Asia / Beirut
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 3 million for 19.0% stake (Native Currency: USD 3,000,000)
Reason: We've spent 24 years fixing hospitals, profitably and without outside funding; harp© now turns that ... View More
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Business Overview
The business at a glance.
- Founded in Beirut in 2002: 24 years in healthcare consulting, management and technology.
- 107 clients and 237+ projects over the years, from single hospitals to national health systems.
- Five countries of delivery (Lebanon, Kuwait, Oman, Saudi Arabia, Iraq) and three offices (Beirut, Kuwait, Muscat).
- FY25 revenue of $921K, profitable and fully self-funded.
- Zero legal disputes with clients and zero financial defaults in 24 years.
- Scalable nature of business that generates high revenue per employee.

Revenue model.
- Software: harp© licences averaging $700K, plus 20% a year in support, plus implementation from $100K; SaaS for faster starts. About $2M per hospital over ten years.
- Services: revenue-cycle consulting and outsourcing, accreditation advisory, costing and pricing, and training. These range anywhere from $30K to millions per proposal, depending on the client and nature of services.
- Hospital management: fees for running hospitals, moving to equity by buying, fixing and re-rating hospitals with investors.

Business relationships.
- Ministries of health across Lebanon, Kuwait, Oman and Saudi Arabia.
- Key decision makers in the healthcare private sector across Lebanon and the GCC.
- Multinational firms operating in the Middle East.
Products & Services Overview
1. Billing Software.
What: Our billing software, which captures every service a hospital delivers, prices it against the right insurer contract, and builds the claim with its supporting evidence.
Who uses it: billing teams, coders and revenue-cycle managers day to day, and CFOs for oversight.
How: it runs inside the hospital's daily operations, so charges are created as care happens, not chased afterwards. It's live at Kuwait Hospital (120 beds, where we also run the billing department end to end) and at Al-Amiri Hospital (400+ beds), Kuwait's first public-sector hospital billing platform.

2. RCM Consulting.
What: diagnosing and fixing where a hospital's revenue leaks, from registration and approvals to coding, claims and collections, plus costing and pricing.
Who uses it: CFOs, revenue-cycle directors and hospital owners.
How: we measure the leak, redesign the process, train the team, and in some cases run the department ourselves. Clients include Dar Al Shifa (220 beds) and Sidra in Kuwait, and Centre Hospitalier du Nord in Lebanon, with financial systems restructured across 8 hospitals and unit-cost studies across 15.

3. Accreditation Management Advisory.
What: preparing hospitals and health systems for accreditation, and designing national standards and surveyor programmes.
Who uses it: ministries of health, quality directors and hospital leadership.
How: we write/review the standards, train and certify surveyors, and guide hospitals through readiness. We're national accreditation advisors to Oman's Ministry of Health (60 facilities) and the national accreditation audit body for Lebanon's Ministry of Public Health (50+ hospitals).

4. Business Intelligence Dashboards.
What: executive dashboards showing revenue, denials, collections and operational performance in one view.
Who uses it: CEOs, CFOs and department heads.
How: leaders check daily what was billed, what's stuck and why, and act before month-end. We designed and deployed executive revenue-cycle dashboards for Al Hammadi Hospital (1,000+ beds) in Saudi Arabia.
Assets Overview
Intangible assets:
- harp©: our 49-module hospital operating system covering clinical care, billing, finance, analytics and mobile. Owned, and to be held by our planned US entity.
- Nova Prime©: our 21-module hospital information system, co-owned 50% with an external partner.
- DQuAM©: quality and accreditation management software, co-owned 50% with an external partner.
- International RCM Standards©: evidence-based benchmarks for the end-to-end revenue cycle. Copyright registered in the USA.
- PESSSO Activity-Based Costing Model: a healthcare costing methodology for accurate service pricing.
- 5Ds Organizational Development©: our five-phase transformation method. Copyright registered in Lebanon.
- Economic Performance Standards: standards for measuring the economic performance of healthcare providers.
- GDI: a framework for measuring hospitals' digital maturity.
- Other management frameworks: proprietary consulting tools, templates, and playbooks.
- Accreditations and certifications: ISQua-accredited training programmes (CAS, CQuAM), ISO 27001 certification, and TRACCERT-accredited training.
- Brand: built over 24 years across five countries.
- Contracts and relationships: live billing contracts in Kuwait, national engagements with the ministries of health in Oman and Lebanon.
- Know-how and benchmarks: 24 years and 237+ projects of costing data, benchmarks and hospital performance patterns, held as trade secrets.

No tangible assets are part of this transaction.
Facilities Overview
Three small business offices rented across Beirut, Muscat and Salmiya.

Majority shareholder travels across Beirut and Muscat, the other minority shareholders sit in Beirut and Kuwait respectively.
Capitalization Overview
Funded from our sales and operations. No debts or outstanding loans.

Three shareholders in a 86.45%, 10.42%, and 3.13% split.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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