Healthcare Solutions Group Inc
How we got $90.5M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 53% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $33.2M |
| 2020 | Form 5500 | 21 | $26.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HEALTHCARE SOLUTIONS GROUP INC this business | $54.4M | — |
| DON DAVID AGENCY INC Muskogee · 5 employees | $7.9M | 1.2 mi |
| ABBOTT INSURANCE AGENCY INC. Muskogee · 1 employees | $1.9M | 1.6 mi |
| GRANT LANNOM INSURANCE AGENCY INC Wagoner · 6 employees | $3.3M | 14.4 mi |
| BRYAN WILLIAMS INSURANCE AGENCY LLC Tahlequah · 2 employees | $3.1M | 24.0 mi |
| GL BROWN INSURANCE Tahlequah · 1 employees | $968K | 24.4 mi |
| GOODMAN OPERATIONS LLC Broken Arrow · 5 employees | $4.8M | 25.2 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $48.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $46.8M |
| Estimate: the two combined (geometric mean) | $54.4M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $12.1M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $90.5M |
| Multiple for this size and industry | 7.5× |
| Value range | $47.6M – $123.8M |
| Revenue range | $35.8M – $62.0M |
| EBITDA range | $7.9M – $13.8M |
| Industry (NAICS) | Direct Health and Medical Insurance Carriers (524114) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingFirstar BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Firstar Bank PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $407K | 26 |
About Healthcare Solutions Group Inc
Healthcare Solutions Group Inc is a direct health and medical insurance carriers company in Muskogee, Oklahoma. Its estimated annual revenue is about $54.4M, with roughly $12.1M of EBITDA. It has about 21 employees. Its estimated business value is $90.5M (likely range $47.6M–$123.8M).
Common questions
- Who owns Healthcare Solutions Group Inc?
- The owner of Healthcare Solutions Group Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Healthcare Solutions Group Inc make?
- SeeBITDA estimates Healthcare Solutions Group Inc's annual revenue at about $54.4M (likely between $35.8M and $62.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Healthcare Solutions Group Inc worth?
- About $90.5M, roughly 7.5× its estimated EBITDA of $12.1M, typical for a direct health and medical insurance carriers company its size. Likely range: $47.6M–$123.8M.
- How many employees does Healthcare Solutions Group Inc have?
- About 21, from its 2020 retirement-plan filing.