Innovative Healthcare Systems, Inc.
How we got $10.2M
Based on its 65 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Innovative Healthcare Systems provides revenue cycle management, coding, billing and reporting services, along with consulting, to physician practices and hospitals.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Mercy Hospital Oklahoma City, Inc. · Ada, 76 mi · $948.2M
- Integris South Oklahoma City Hospital Corporation · Oklahoma City, 11 mi · $358.5M
- MCBRIDE CLINIC, INC. · Oklahoma City, 6 mi · $288.2M
- Integris Health · Oklahoma City, 7 mi · $170.6M
- XPRESS WELLNESS URGENT CARE, LLC · Oklahoma City, 13 mi · $169.8M
Estimated value over time
▲ 21% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INNOVATIVE HEALTHCARE SYSTEMS, INC. this business | $13.7M | — |
| ANCEL AIRINGTON AND ASSOCIATES PLLC Edmond · 11 employees | $3.1M | 0.1 mi |
| ARLEDGE & ASSOCIATES, PC Edmond · 19 employees | $5.2M | 0.1 mi |
| JCEA TAX SERVICE OF CENTRAL OKLAHOMA INC Edmond · 12 employees | $755K | 0.3 mi |
| ACCOUNTING SOLUTIONS Edmond · 3 employees | $849K | 0.3 mi |
| THOMAS G SCHADEGG CPA INC Edmond · 2 employees | $481K | 0.3 mi |
| Arledge John M & Assoc Edmond | $736K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 65 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.7M |
| Estimate: the two combined (geometric mean) | $13.7M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $2.0M |
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 | $10.2M |
| Multiple for this size and industry | 5.2× |
| Value range | $5.4M – $14.0M |
| Revenue range | $9.0M – $15.6M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Other Accounting Services (541219) |
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
- BankingPrism 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
| Prism Bank PPP 2020, PPP 2021 | All 131 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $758K | 65 |
| 1/16/2021 | second | $758K | 65 |
2 locations
| 200 N. Bryant, Ste. 10 | Edmond | This listing |
| 416 W 15th St | Edmond | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Innovative Healthcare Systems, Inc.
Innovative Healthcare Systems, Inc. is an accounting & tax company in Edmond, Oklahoma, in business since 1997. It is owned by Ron Decker (CEO). Its estimated annual revenue is about $13.7M, with roughly $2.0M of EBITDA. It has about 65 employees. Its estimated business value is $10.2M (likely range $5.4M–$14.0M). It has 2 locations.
Common questions
- Who owns Innovative Healthcare Systems, Inc.?
- Innovative Healthcare Systems, Inc. is owned by Ron Decker (CEO), according to public sources such as the company's website or filings.
- How much revenue does Innovative Healthcare Systems, Inc. make?
- SeeBITDA estimates Innovative Healthcare Systems, Inc.'s annual revenue at about $13.7M (likely between $9.0M and $15.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Innovative Healthcare Systems, Inc. worth?
- About $10.2M, roughly 5.2× its estimated EBITDA of $2.0M, typical for a accounting & tax company its size. Likely range: $5.4M–$14.0M.
- How many employees does Innovative Healthcare Systems, Inc. have?
- About 65, as reported on its PPP loan.
- When was Innovative Healthcare Systems, Inc. founded?
- Innovative Healthcare Systems, Inc. has been in business since 1997.