Oklahoma Medical Billing Inc
- Miriam OsbornOffice Manager · Company website
- Angela PiantanidaClient Manager · Company website
How we got $2.8M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▲ 95% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 20 | $2.1M |
| 2022 | Form 5500 | 30 | $3.1M |
| 2023 | Form 5500 | 30 | $3.1M |
| 2024 | Form 5500 | 41 | $4.3M |
| 2025 | Form 5500 | 39 | $4.1M |
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.
What we know
Signs of a sale Likely to sell
- In business 33 years (since 1993)
- Founder still runs it after 33 years
- 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
Oklahoma Medical Billing is a Tulsa, OK based company providing medical billing and accounts receivable management services for physician practices and medical clinics.
From the company's website. Industry: Accounting & tax.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OKLAHOMA MEDICAL BILLING INC this business | $3.9M | — |
| Tc Strategies Pllc Tulsa | $735K | 0.1 mi |
| Intentional Accounting Tulsa | $735K | 0.1 mi |
| Morrison Tax & Accounting Tulsa | $735K | 0.1 mi |
| WYATT & COMPANY, INC. Tulsa · 4 employees | $1.1M | 0.2 mi |
| RED RIVER PAYROLL INC Tulsa · 2 employees | $648K | 0.2 mi |
| Heatherington & Fields CPA Tulsa | $1.3M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $645K |
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 | $2.8M |
| Multiple for this size and industry | 4.3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $2.6M – $4.5M |
| EBITDA range | $425K – $736K |
| 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
“After being a successful building contractor in both Oklahoma and Arizona, Dan started Oklahoma Medical Billing in January of 1993.”
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 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 | $205K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oklahoma Medical Billing Inc
Oklahoma Medical Billing Inc is an accounting & tax company in Tulsa, Oklahoma, in business since 1993. It is owned by Dan Chonka. Its estimated annual revenue is about $3.9M, with roughly $645K of EBITDA. It has about 39 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Oklahoma Medical Billing Inc?
- Oklahoma Medical Billing Inc is owned by Dan Chonka, according to public sources such as the company's website or filings.
- How much revenue does Oklahoma Medical Billing Inc make?
- SeeBITDA estimates Oklahoma Medical Billing Inc's annual revenue at about $3.9M (likely between $2.6M and $4.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oklahoma Medical Billing Inc worth?
- About $2.8M, roughly 4.3× its estimated EBITDA of $645K, typical for a accounting & tax company its size. Likely range: $1.5M–$3.8M.
- How many employees does Oklahoma Medical Billing Inc have?
- About 39, from its 2025 retirement-plan filing.
- When was Oklahoma Medical Billing Inc founded?
- Oklahoma Medical Billing Inc has been in business since 1993.
- Is Oklahoma Medical Billing Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 33 years (since 1993); founder still runs it after 33 years; no family successor named on its website.