Description of the business for sale
The Company is a medical transcription company that provides high quality, rapid-turnaround, and cost-efficient medical transcription services to all areas of the healthcare industry, including single doctor practices, multi-doctor clinics, specialty practices and hospitals. With extensive hours of coverage coupled with a highly trained professional staff of 11 in the US and 374 in their sister facility in India, the Company meets their clients medical transcription needs on time or ahead of schedule. Service turn around time is 24 hours or less for standard service and 4 hours or less for Stat service. The Company which was founded in 1998, and has grown its customer base to over 1,350 individual doctors and clinics across the United States --- making it one of the fastest growing companies of its kind.
GROWTH: This company has unlimited growth potential. With the ageing population demographics the need for this type of service is going to continue to grow exponetially. Eventually, EMR technology may take over but industry experts believe that the industry will remian strong for another 10 to 15 years.
COMPETITION: The Company works in a highly fragmented industry. However, few companies can match the pricing, service levels and rapid turnaround of this company.
ADDITIONAL FINANCIAL INFORMATION:
REASONS FOR SELLING: To enable company to reach its full potential.
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Support / Training provided by seller
Management is willing to remain through transition and beyond.
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Description of the facilities
The Company operates sales and customer service activities out of US offices in Texas. Operationsare performed in India.
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