Business Overview

Opportunity to acquire a long-standing technology company with software that is utilized and trusted by large healthcare hospitals.

Now is the perfect time to leverage this business in the $37.4 Billion EHR/EMR market, on track to reach $68.5 Billion by 2030 and growing at a CAGR of over 6.9%.

An established healthcare software company, which provides an all-in-one solution to a universal need: Digital Medical Records. It includes established systems, ongoing enterprise contracts, a deeply rooted client base, and widespread utilization.

It features a robust, widely used technology solution that streamlines digital medical records from end-to-end. With its simplified and user-friendly electronic document management system, clients are able to efficiently treat patients in the best way possible.

One of the strongest, most consistent industries with economy-proof growth is healthcare – specifically, the technology that makes it all possible.

A perfect strategic acquisition in the healthcare software space – all with established systems, ongoing enterprise clientele, and a lean seasoned team.

This on-premise legacy software has very strong margins, with enterprise contracts directly with the healthcare industry.

DETAILS:
—> VERY lean & efficient ALL PART-TIME team of 5 (President, IT, CPA, Executive Asst., 1 support staff)
—> Established in 1993 by ex-IBM team members
—> VERY strong profit margins with extremely low overhead
—> Fully refined systems to run every aspect of the business smoothly for you
—> Long-standing relationships and agreements with for-profit hospitals
—> High client LTV

SOFTWARE FEATURES:
—> EDM (electronic document management)
—> HL7 Integration
—> E-signatures
—> High-definition imaging viewing (x-rays, scans, etc.)
—> Lab results
—> Legal charts
—> Document conversions
—> E-forms
—> Growth charts
—> Master indexing
& more

*Perfect for those currently in the EMR/EHR software industry looking to ride the wave of consumer trends & capitalize on an economically resilient turnkey business by grabbing marketshare immediately verses waiting out a 18+ month sales cycle to land more hospital contracts.

If you are looking for an opportunity to add strong profits with significant scalable potential, then quickly acquiring this seasoned business is the way to do it.

Clean financial records will be provided.

Full seller package & presentation is ready for serious acquirers.

One of the direct competitors to this company was just acquired last month by Oracle for $28.3 billion:
https://www.nytimes.com/2021/12/20/technology/oracle-cerner-health-records.html

Financial

  • Asking Price: $1,800,000
  • Cash Flow: $422,954
  • Gross Revenue: $685,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1993

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A

Additional Info

The venture was started in 1993, making the business 29 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell businesses. However, the real reason vs the one they tell you may be 2 absolutely different things. For instance, they may claim "I have too many other obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these might just be justifications to attempt to hide the reality of transforming demographics, increased competitors, recent reduction in profits, or a range of various other reasons. This is why it is really vital that you not rely totally on a seller's word, however rather, use the vendor's solution along with your general due diligence. This will paint an extra sensible picture of the business's current situation.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies finance loans in order to cover points like supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can imply that revenue margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that must be fulfilled or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract brand-new clients? Most times, businesses have repeat consumers, which form the core of their daily earnings. Certain aspects such as brand-new competition growing up around the location, roadway construction, and also personnel turn over can impact repeat consumers and also negatively affect future earnings. One crucial thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business regularly, the greater the opportunity to develop a returning client base. A final thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Just how might the regional mean home income impact future income prospects?