Looking for a buyer.
The Company is a secure, US patent-protected, web-based (AWS Cloud) software-as-a-service business process improvement system for Work Comp (WC) and Occupational Health Providers. The Company is a HIPAA compliant electronic network that connects providers, employers, payers and others – facilitating efficient flow of electronic documents and real time access to all case documents. The Company is well positioned to provide a stable and profitable platform for niche growth. They have developed the most advanced network of its kind in existence. The Company has developed a US patent protected process with a complete IP package with the potential to bolt on to any major EMR. The system offers proven massive productivity cost savings. Example: $1.4mm annual savings at a major CA healthcare system (with 7 WC clinics) for fee-based income of $300,000+/- per year. The Company believes a business combination with the right partner could result in extensive market potential in this niche. The Company’s objective is to grow the business with a partner who can bring existing marketing/growth expertise. This could include marketing the company to a major EMR needing to establish a robust WC/Occ Health Module. Alternatively there might be an opportunity for continued growth or “fix and flip” to a final buyer, likely a major EMR looking for competitive advantage by offering more complete WC/OH solution.

listing type
exclusive representation
industry
Software
location
Chicago, IL, USA
revenue
$470,000
ebitda
$50,000
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