The company specializes in software development, focusing on providing advanced AI-powered solutions for medical coding and claims adjustment. The products are designed to enhance operational efficiency in both accounts receivable and accounts payable processes. Moreover, these solutions cater to the specific requirements of management, ensuring federal and state regulatory compliance.
Key Aspects:
• Operating for decades, with several long-term clients in the medical claims payment space
• Trademarked software offerings with highly-trusted industry brand name
• Annual software contracts provide ongoing revenue streams with minimal capital investment
• Strong balance sheet with over $1 million in total assets and zero long-term liabilities
• Software easily integrates into existing systems and can complement other software suites
Shareholder Objectives:
• The sole owner is seeking a more balanced lifestyle and an eventual full exit from the company. The owner is open to various deal structures in order to facilitate a transaction.
Real Estate:
• The company operates from a 2,800 square-foot facility leased from an unrelated third party. The facility lease is transferrable to new ownership. The company can operate on a fully remote basis, according to ownership.
Current Markets:
• The company serves clients in the medical insurance billing and claims market including healthcare providers, health plan administrators, billing specialists, and Electronic Medical Record (EMR) vendors throughout the United States.
Headquartered:
• Southwest US
