ConsulMED provides all-inclusive RCM (Revenue Cycle Management) & Consulting services for hospitals and physicians.
Expertise, Commitment, Flexibility, Accountability & Creativity!
![consulmed-consulting - Biznis Resource ConsulMED - consulting](https://i0.wp.com/biznisresource.com/wp-content/uploads/consulmed-consulting.jpg?resize=665%2C685&ssl=1)
BUSINESS VALUE INCLUDES ($1.5MM):
- Goodwill:
- 30-year Established Business!
- 43 active / contracted clients
- 3rd Party Association with HBMA – Health Care Business Management Association
- Great Niche business!
- Location:
- 563 W 500 S Ste 245 , Bountiful UT 84010
- 3300 sq ft
- Foyer, conference room, 2 offices, server room, kitchen/break room, open space
- Shared parking
- Shared bathrooms / hallway
- 3 years remaining on lease
- $4618 monthly / No CAM
- Financials:
- Consistent annual Income (except 2020): $1.3 MM
- Consistent Margins: 17%
- SDE: $385K
- Services / Revenue Channels:
- Patient Easy Pay
- Charge Capture – Claim Submission
- Patient Collections
- Denial Management
- Coding
- Payment Processing
- Physician Services: Outsourced RCM
- Charge reconciliation & audit
- AAPC Certified Coding
- Payment Processing
- Patient Collections / Fee Schedule maintenance
- Patient Easy Pay
- Clients:
- Active Clients (last 12 months): 43
- 42 Clients under contract
- Business Software:
- Oracle Business Licenses- $21K
- CRM: Proprietary Consulmed Software – $500K+ value
- Employees:
- 3 Full-time Employees:
- Full Transition:
- Technical Training
- Business Training (as necessary)
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Over 3,159,379 EDI claims billed with only a 2% denial rate!
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ConsulMED provides expert Revenue Cycle Management to minimize bad debt, reduce days in AR, and maximize collection ratios.!
![consulmed-RCM - Biznis Resource ConsulMED - billing](https://i0.wp.com/biznisresource.com/wp-content/uploads/consulmed-RCM.jpg?resize=700%2C320&ssl=1)
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ConsulMED analyzes denial trends to identify and create solutions that reduce the denial rate to less than 5%
![consulmedlogo - Biznis Resource ConsulMED - logo](https://i0.wp.com/biznisresource.com/wp-content/uploads/consulmedlogo.jpg?resize=300%2C101&ssl=1)
ConsulMED won’t last long! Contact us TODAY for more info!
The Consultation is FREE, so there’s absolutely no risk!
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