Revenue Management Solutions
How we got $25.3M
Based on 227 employees on its 2024 401(k) filing.
What we know
Signs of a sale Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 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
Revenue Management Solutions (RMS) provides AI-driven remittance and revenue cycle automation, including reconciliation, EOB conversion, and payment posting, for healthcare organizations.
From the company's website. Industry: Accounting & tax.
Ownership & transactions
- Recapitalization from Thompson Street Capital Partners · May 2019Thompson Street Capital Partners, along with management and certain shareholders, recapitalized Oklahoma City-based Revenue Management Solutions through a majority equity investment.Source
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MidFirst Bank · Oklahoma City, 3 mi · $2.25B
- BancFirst · Oklahoma City, 7 mi · $785.7M
- InterBank · Oklahoma City, 3 mi · $369.1M
- Stride Bank, N.a. · Enid, 60 mi · $224.7M
- First Fidelity Bank · Oklahoma City, 3 mi · $161.7M
Estimated value over time
▲ 122% 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
▲ 79% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 127 | $13.2M |
| 2022 | Form 5500 | 142 | $14.8M |
| 2023 | Form 5500 | 148 | $15.4M |
| 2024 | Form 5500 | 227 | $23.6M |
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 |
|---|---|---|
| Revenue Management Solutions this business | $29.9M | — |
| COMPUTER ACCOUNTANTS, INC. Oklahoma City · 5 employees | $553K | 0.4 mi |
| MARTY A CHISUM CPA, PC Oklahoma City · 1 employees | $122K | 0.6 mi |
| HBC CPAS & ADVISORS Oklahoma City · 5 employees | $830K | 0.6 mi |
| TAX-ABILITY LLC Oklahoma City · 1 employees | $52K | 0.9 mi |
| Swanson Reed | Specialist R&D Tax Advisors (Oklahoma) Oklahoma City | $404K | 1.1 mi |
| 7M BUSINESS SOLUTIONS Okalhoma City · 1 employees | $88K | 1.1 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $25.3M |
| Multiple for this size and industry | 6.3× |
| Value range | $16.2M – $45.5M |
| Employees in its retirement plan (2024 Form 5500) | 227 |
| Industry revenue per employee | $104K |
| Revenue = employees × revenue per employee | $29.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $4.0M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $23.9M – $44.8M |
| EBITDA range | $3.2M – $6.0M |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“RMS started with a clear purpose: help healthcare organizations spend less time chasing payments and more time focusing on patients.”
Leadership
- RSRob SagerChief Financial Officer · Company website · source
- GBGrzegorz BugajChief Information Officer · Company website · source
- ARAmy RinardChief Revenue Officer · Company website · source
- KHKevin HoffieldChief Operating Officer · Company website · source
- BIBryan IrwinChief Product Officer · Company website · source
- PNPatrick NordqvistChief Technology Officer · Company website · source
- AHAndy HaskinsSenior Healthcare Executive · Company website · source
- HVHeather VivianoSenior Healthcare Executive · Company website · source
- MCMark CarlsonClient Relationship Executive · Company website · source
- JPJennifer ParkerMarketing Executive · Company website · source
Advisors
- AccountingHuselton, Morgan & Maultsby, P.C.Audits its 401(k) plan (2022 filing)
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Revenue Management Solutions
Revenue Management Solutions is an accounting & tax company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Scott Thomas (Founder). Its estimated annual revenue is about $29.9M, with roughly $4.0M of EBITDA. It has about 227 employees. Its estimated business value is $25.3M (likely range $16.2M–$45.5M).
Common questions
- Who owns Revenue Management Solutions?
- Revenue Management Solutions is owned by Scott Thomas (Founder), according to public sources such as the company's website or filings.
- How much revenue does Revenue Management Solutions make?
- SeeBITDA estimates Revenue Management Solutions's annual revenue at about $29.9M (likely between $23.9M and $44.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Revenue Management Solutions worth?
- About $25.3M, roughly 6.3× its estimated EBITDA of $4.0M, typical for a accounting & tax company its size. Likely range: $16.2M–$45.5M.
- How many employees does Revenue Management Solutions have?
- About 227, from its 2024 retirement-plan filing.
- When was Revenue Management Solutions founded?
- Revenue Management Solutions has been in business since 1998.
- Is Revenue Management Solutions for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years; no family successor named on its website.