$2.5 Million Revenue Healthcare Staffing Company
| Gross Revenue: | $2,500,000 |
| Established Year: | 2010 |
| EBITDA: | $215,000 |
$2.5 Million Revenue Healthcare Staffing Company Specializing in Providing Travel Nurses and Allied Staff
Company Overview
Ensure Capital is pleased to present a Healthcare Staffing company specializing in providing Travel Nurses and Allied Staff to hospitals through managed service providers (MSP). This business is currently part of a larger organization with non-overlapping services. The Healthcare Staffing business is separate from all other operations and can be relocated to anywhere across the U.S.
The company is licensed and accredited by the Joint Commission, CMMI, and ISO. The company currently has contracts with 10 MSP’s whom they are directly paid by and therefore do not rely on Medicare, Medicaid, or other insurances for payments.
Financial Overview
The company’s revenue has been fluctuating. In 2022, company revenue was $8,247,260. In 2023, revenue was $2,541,188, and it is expected to stay at $2.5 million in 2024. The forecast for 2025 is $4 million. The decline in revenue is attributable to a decline in demand for Travel Nursing staff after COVID. Due to the shared resources with other Bestica divisions, accurate EBITDA is not available. Direct Labor is 64% of revenue. Most of the staff provided are nurses at a bill rate of $90 – $120/hour.
Staff Overview
The company has 5 FTE Overseas contractors who recruit nurses as well as provide admin support and credentialing. Their US Staff consists of 1.5 FTE and 20 clinicians on assignment. All staff are expected to stay on.
Asking Price
We are accepting all reasonable offers.
