Streamlined Home Care Visit Verification Solutions

A recurring revenue, subscription-based platform offering telephony-based time and attendance software for healthcare clients and their home health care providers via SaaS model. Proprietary software tracks caregiver in-home visit time, schedules, and GPS locations for billing and payroll, and the EVV product provides an essential service in the growing healthcare industry.

OPERATIONS

This tech company offers free trials to clients, monthly recurring billing, per transaction fees, set up fees, and mobile app usage fees. Maintaining revenue streams through easy-to-use and inexpensive software.

Web-based software that is easy to get up and running with no setup is required. Revenue streams include a mix of monthly recurring billing, per transaction fees, setup fees, and mobile app usage fees.

MARKETING AND KEY METRICS

This business is gaining significant traction in the Electronic Visit Verification market through organic growth via existing client bases, adding three new major clients with over 1500 new users in Q4 2016 alone, and having a pipeline of eight clients enrolled in its 30-day free demo program.

This tech company is gaining traction among major health care providers. Its recent application programming interface (API) development with two national healthcare billing providers will expose it to thousands of new potential clients. The product is a highly sought-after EVV service provider.

Boasting over 100 clients and approximately 10,000 users at present. Year-over-year growth is between 34% and 52% for each of the last four years with over 50% annual SDE margins.

This business serves healthcare clients and their home health care providers through software that tracks caregiver in-home visit time, schedules, activity, and GPS locations, all for billing and payroll services.

BUSINESS MODEL & RESOURCES NEEDED

One employee

THE INDUSTRY

This is a software-as-a-service (SAAS) industry with a focus on the healthcare industry. The software platform tracks caregiver in-home visit time, schedules, activity, GPS locations, billing, and payroll services. These services are a major asset to the continuously growing healthcare industry worldwide.

OPPORTUNITIES TO SCALE

This Internet company is selling proprietary, industry-leading sticky products with recurring revenue streams and shows year-over-year growth rates. Recent alliances and API developments represent significant potential growth channels in the electronic visit verification market.

Asking Price: $1,200,000
Gross Income: $475,000
Cash Flow: $250,000
Year Established: 2010
Employees: 1

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Amanda Stanley

Amanda has been a professional writer since 2010. She writes during the day and reads by night. She has accumulated knowledge by scouring the internet and reading informative books. Concurrently, she developed a passion for educating people through her blogs and web tutorials. She is an earnest believer that knowledge is power.

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