Prof. Medical Case Mgmt. Svs Provider in California

The Business for sale is a provider of professional medical case management services, specializing in addressing and minimizing workers’ compensation claims. The client base is primarily composed of insurance companies, third-party administrators, and self-insured companies; concurrently manages approximately 200 cases. The company operates throughout California, including the cities and counties of Pasadena, San Diego, Ventura, Los Angeles, Orange, San Bernardino, Bakersfield, San Luis Obispo, Santa Barbara, Riverside, Temecula, San Jose, Fresno, Sacramento and Stockton. With a superior industry reputation and a solid management team, the company is well positioned for continued growth.

Client Number: 2973
Region: Pacific
Gross: $1,250,000
EBITDA: $83,000
Year Established: 1995
Number of Employees: 13
Franchise: No
Homebased: No
Relocateable: No

Facilities:

The company operates from its headquarters in California. The facility comprises 2,000 square feet and is leased from a third party.

Reason for Selling

Diversification of owners’ personal financial interests and to pursue other interests away from the business.

Management Training Support

The principal is available to remain with new management to facilitate a smooth ownership transition.

Market Outlook

The Company is well positioned to capitalize on the positive growth forecast for its industry. Management is confident that significant growth can be achieved via increased marketing efforts, geographic expansion, and the acquisition of new accounts. The Company’s strong client relationships and reputation for premium services provide a firm foundation for the following growth opportunities:

• New Contracts – The Company’s vice president of marketing is in the process of securing several new annual/renewable contracts for 2011. Management anticipates obtaining more new contracts during the pro forma period.

• Improved Case Management System – The Company’s recently installed case management system is faster and allows this Company to generate automatic reports as well as more closely track billing, customer information, and case progress. In addition, it allows the Company to monitor the productivity of its nurses.

• High-Quality Service – Since its inception, high-quality services have been a core feature of the Company, which distinguishes it from its competitors. Management’s hands-on approach ensures that jobs are carried out efficiently and effectively.

• Strong Customer Relationships – The Company maintains strong customer relationships and depends on these relationships to generate repeat business. The Company has maintained long-standing relationships with its key customers, indicating a high level of customer satisfaction.

• Employee Base – The Company’s experienced employee base has been a significant contributor to the Company’s growth. Management plans to increase the number of nurses during the pro forma period.

• Reputation – The Company has a reputation for exceptional technical expertise, with a dedicated team of highly trained, skilled professionals with extensive experience.