American HealthCare Capital is pleased to introduce a Pediatric Medicaid home health agency for sale in Los Angeles County California. Although 85% of their business is Pediatric, they are also Medicare certified and do provide home health services to adults as well. They service Los Angeles, Orange, and Riverside Counties.
The company’s payer mix is 55% Medicaid, 30% Regional Centers and CHOC (Children’s Hospital of Orange County), and 15% Medicare. Gross revenues were over $1.5 Million in 2016 with a 16% adjusted EBITDA margin and are on track to hit $2 Million in 2017 with an adjusted EBITDA margin closer to 20%. Their current census is 50 patients. The seller feels that there is ample room for growth with increased marketing, as their current marketing effort is minimal.
The staff is expected to stay on under new ownership and the seller will assist during a transitional period. The asking price for this opportunity is $1.6 Million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.