Innovative Healthcare Corporation
How we got $6.5M
Based on its 25 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 35 years (since 1991)
From public records and the company's website, not a statement that it's for sale.
What they do
Innovative Healthcare Corporation (IHC) is a provider of premium exam and surgical gloves, patient cleansing products, and disposable apparel for healthcare partners, based in Sand Springs, OK.
From the company's website. Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers.
Estimated value over time
▲ 40% 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
▲ 4% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 25 | $25.8M |
| 2020 | Form 5500 | 18 | $18.6M |
| 2021 | Form 5500 | 17 | $17.6M |
| 2022 | Form 5500 | 17 | $17.6M |
| 2023 | Form 5500 | 22 | $22.7M |
| 2024 | Form 5500 | 22 | $22.7M |
| 2025 | Form 5500 | 26 | $26.9M |
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 |
|---|---|---|
| INNOVATIVE HEALTHCARE CORPORATION this business | $22.0M | — |
| PRUITT MEDICAL SALES, LLC Tulsa · 2 employees | $2.4M | 6.1 mi |
| SILICONE SPECIALTIES, INC. Tulsa · 85 employees | $79.9M | 6.4 mi |
| W B COX COMPANY INC Tulsa · 6 employees | $3.9M | 6.4 mi |
| INTERIOR LOGISTICS, INC. Tulsa · 8 employees | $7.4M | 6.5 mi |
| DALEY DENTAL LABORATORY INC Tulsa · 2 employees | $1.5M | 6.7 mi |
| WORDCOM INC Tulsa · 3 employees | $5.4M | 6.8 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.8M |
| Estimate: the two combined (geometric mean) | $22.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.5M |
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 | $6.5M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.4M – $8.9M |
| Revenue range | $14.5M – $25.1M |
| EBITDA range | $993K – $1.7M |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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
People & advisors
“Since 1991, Innovative Healthcare Corporation (IHC) has been a trusted partner in the healthcare industry, providing premium exam and surgical gloves, patient cleansing products, and disposable apparel.”
Leadership
- ARAmy ReiberSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- BankingFirst Pryority 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
| First Pryority Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $302K | 25 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Innovative Healthcare Corporation
Innovative Healthcare Corporation is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Sand Springs, Oklahoma, in business since 1991. Its estimated annual revenue is about $22.0M, with roughly $1.5M of EBITDA. It has about 26 employees. Its estimated business value is $6.5M (likely range $3.4M–$8.9M).
Common questions
- Who owns Innovative Healthcare Corporation?
- The owner of Innovative Healthcare Corporation 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 Innovative Healthcare Corporation make?
- SeeBITDA estimates Innovative Healthcare Corporation's annual revenue at about $22.0M (likely between $14.5M and $25.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Innovative Healthcare Corporation worth?
- About $6.5M, roughly 4.3× its estimated EBITDA of $1.5M, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $3.4M–$8.9M.
- How many employees does Innovative Healthcare Corporation have?
- About 26, from its 2025 retirement-plan filing.
- When was Innovative Healthcare Corporation founded?
- Innovative Healthcare Corporation has been in business since 1991.