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Healthcare Credentialing SaaS — $1.4M ARR, Enterprise Contracts

New York, NYListed February 20, 2025
HealthTechEnterpriseB2B

Financial summary

Asking Price

$5,800,000

Annual Revenue

$1,400,000

EBITDA

$582,000

Cash Flow

$610,000

CF Multiple

9.5x

Years Operating

8 yrs

Employees

18

About this business

This NYC-based HealthTech SaaS automates physician and nurse credentialing — a manual, compliance-heavy process that hospitals are required to perform for every clinical staff member. The platform is used by 140+ hospitals and health systems across 22 US states.

Contracts average 18 months in length with annual billing, making revenue highly predictable. Net revenue retention sits at 112%, meaning existing customers are expanding their usage year-over-year without any incremental sales effort.

The platform is HIPAA-compliant, SOC 2 Type II certified, and has passed procurement audits from 3 of the top-10 US hospital networks. This compliance posture represents a significant moat — it took 2 years and ~$400K to achieve and is difficult to replicate.

The 18-person team includes 6 engineers, 4 implementation managers, 3 customer success, 2 sales, and 3 G&A. Annual payroll is $2.1M. The CEO/founder is open to remaining as President for 18–24 months to support enterprise relationships through the transition.

Key highlights

  • 140+ hospital clients across 22 states
  • 112% net revenue retention
  • SOC 2 Type II certified + HIPAA compliant
  • 18-month average contract length with annual billing
  • Founder willing to stay on as President for 24 months

Confidential financials

Detailed revenue breakdown, customer cohort data, and full data room — gated behind NDA.

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$5,800,000

9.5x cash flow · $1,400,000/yr revenue

About the seller

D

David C.

Member since 2023

Response rate96%
Total listings1
IdentityVerified

Confidential financials available

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Listing ID: healthcare-credentialing-saas