ConsulMED provides all-inclusive RCM (Revenue Cycle Management) & Consulting services for hospitals and physicians.
Expertise, Commitment, Flexibility, Accountability & Creativity!
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)
Over 3,159,379 EDI claims billed with only a 2% denial rate!
ConsulMED provides expert Revenue Cycle Management to minimize bad debt, reduce days in AR, and maximize collection ratios.!
ConsulMED analyzes denial trends to identify and create solutions that reduce the denial rate to less than 5%
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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