Healthcare Revenue Cycle Consulting Firm with 90% Recurring Revenue
Computer software consulting services or consultants & Consultant for sale in Central Pennsylvania
- Asking price
- $6,750,000
- Revenue
- $3,132,170
- Cash flow
- $992,777
About this business
This is a fully remote, 11-person consulting firm with 90% recurring revenue, that has spent over two decades becoming one of the most specialized resources in healthcare revenue cycle management, focused exclusively on a niche billing and workflow application used by large anesthesia, oncology, and emergency health billing practices. The team averages 25-plus years of experience in healthcare billing and information technology, and the firm holds a reseller agreement with the application vendor, meaning it deploys the software on the vendor's behalf. The owner reports roughly 8% annual customer churn, a testament to how deeply embedded the firm is in its clients' operations.
Revenue breaks into three streams: application deployment under the reseller agreement, short-term consulting and support engagements, and longer-term application support agreements that the owner reports represent 55% to 65% of revenue. New clients come primarily through referrals, partnerships, and an internal sales effort. The firm has operated at roughly $3M in annual revenue across multiple consecutive years, and the owner reports the business achieves a strong profit margin before owner compensation. Turnover among the 11-person team is minimal, and the firm has recruited what the owners describe as the best available specialists in this niche nationwide.
The owners are selling because the business is well positioned to capitalize on growing AI and API integration demand in healthcare revenue cycle management, but the current owner-operated structure has limited exploration of those opportunities. They are open to staying on in active roles to support a strategic buyer through the transition and beyond, with no fixed end date on their involvement.