Healthcare Billing, Compliance & Administration
Sell your billing company without regret.
Revenue cycle, medical billing, credentialing, and compliance firms serving clinics, hospitals, and health networks.
Free · 3 minutes · Anonymous
Track record
$250M+
Closed transactions
20,000+
Vetted buyers
$5M–$50M
Seller revenue
Who is buying
Buyers in your inbox? We know which ones close.
Healthcare administration is outsourced more every year, and acquirers want in. We know which revenue cycle platforms, health IT companies, and PE groups are buying, and what they pay for client retention.
Revenue cycle platforms
Private equity-backed groups consolidating billing and coding firms. They pay for specialty expertise and long client tenure.
PE-backed platforms
Health IT and services companies
Software and services companies adding billing or credentialing to what they already sell to providers.
Strategic acquirers
Long-hold owners
Patient capital that favours steady, profitable firms with a management team that runs the business day to day.
Family offices
What buyers pay for
Three metrics decide what a billing firm is worth.
01
Client retention
The share of provider clients who stay year over year. Long tenure tells a buyer the revenue is secure.
02
Recurring contracts
Percentage-of-collections and monthly contracts as a share of revenue. Predictable fees are worth more than project work.
03
Specialty focus
Depth in specialties buyers want, such as behavioural health, anaesthesia, or labs. Focus supports a higher price.
Client testimonials
“Breakwater's expertise was invaluable throughout our acquisition of a competitor. Their third-party perspective helped us navigate emotional dynamics smoothly, keeping negotiations professional and productive.
The acquisition quickly exceeded expectations, delivering immediate returns and positioning us strongly for future growth.”
Murray Seward
Acquisition · Canadian Outback Rafting
“When I first planned on selling my business, I thought I could do it without any support. But now that I have gone through the process, I was relieved to have the Breakwater team there to support me along the way. They certainly added value!”
Zac Roff
Exit · Valkyrian Canning
Common questions
Have specific questions? Schedule a confidential consultation call below:
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No. A broad base of small practices can be more stable than a few large clients. Buyers look at retention and concentration together.
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Buyers will review your privacy and security controls closely, under HIPAA in the US and provincial health privacy laws in Canada. Documenting them before a sale avoids delays in diligence.
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Almost always. Experienced coders and billers are hard to hire, so they are a large part of what a buyer is paying for.
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Most run six to nine months from engagement to close.
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Most of our clients already have inbound buyer interest. They hire us to get the best exit for the least work, and we earn far more than our fees.
Proof
Don't take our word for it. Hear it from our clients.
Two founders, real numbers, shared with their permission.
More in healthcare
Other healthcare businesses we sell.
CROs, Laboratories & Clinical Services
CROs, labs, and outsourced clinical services on multi-year contracts.
Healthcare Services
Medical spas, clinical and laboratory services, and healthcare administration firms.
Exit planning
Plan your exit with us, years before you sell.
Eligible companies get free monthly P&L reviews and exit-planning meetings, until you decide to sell.
P.S. You are going to sell this once. Do it with your eyes open.
Exit Audit
See your business the way a buyer will.
Find out if you qualify for free exit planning, and what to fix first.
Free · Confidential · No obligation