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Newly Established Back Office Outsourcing Company Investment Opportunity in Dallas, United States

Company offering RCM billing services to individual physicians, groups of physicians, hospitals, other RCM companies.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 200 thousand
EBITDA Margin 20 %
Industries Back Office Outsourcing + 1 more
Locations  Mysore + 1 more
Local Time 2:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 28 thousand for 30.0% stake (Native Currency: INR 2,500,000)
Reason: We are looking for a strategic investor with capabilities to expand sales & marketing and infrastruc... View More
Includes physical assets worth USD 28 thousand
Interested to connect with advisors
Documents
Business Overview
- Company specializing in offering RCM billing services to clients across the USA.
- Clients are individual physicians, groups of physicians, hospitals, DME companies, medical insurance, and other medical billing companies in the USA.
- Handle all aspects of the healthcare revenue cycle and insurance processes.
- Have over 7 clients who regularly outsource to us.
- We have annual contracts with all our clients.
- All operations are run from our ODC in Mysuru and business centre in Texas, USA.
- One of the promoters is based out of the US and handles the strategic aspects of the business, the others are based out of Mysuru and handle all the other operations.
- We have 45 billable resources, the remaining 10 employees are management and support staff.
- At present, we have outsourced marketing activities to a third party.
- Facility has over 50 workstations for staff.
- Revenue had fallen recently, but it has registered an uptick since the last 6 months. Hence, there is a sizeable difference between our sales.
- Promoters have several years of experience running technology and operations in RBI, aerospace, PSU’s, and come from a strong academic background.
- We are also comfortable with a majority stake sale or directorship as we are looking for a strategic investor.
Products & Services Overview
Complete RCM service.
Medical coding.
Eligibility verification.
Medical coding.
Patient demographics.
Charge entry.
Payment posting.
Accounts receivable and claims follow up.
Claims submission.
Denial management.
24/7 assistance.
Assets Overview
Complete office furniture, desktops, servers, laptops, UPS.
Facilities Overview
We are located in Vijaynagar in close proximity to Infosys, Mysuru. We occupy 3,000 sq. ft. of a fully furnished rental office.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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