American HealthCare Capital is pleased to introduce a Medicare Certified Home Health Agency
for sale in Central California. The company has been Medicare certified since 2010. Their services
include Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Language Pathology,
and Medical Social Work. They can service clients within 3 hours of their office, which
encompasses a 6 county region.
The company’s payer mix is 70% Medicare, 30% commercial insurance, and their current
census is 254 patients. Gross revenues have consistently been in the $4.5 Million range with net
profit in the $1 Million range. In 2017, they grossed over $4.6 Million with an adjusted EBITDA
margin around 25%. In 2018, they expect to do about the same.
The sellers would like to move on, but the rest of the staff is expected to stay on under new
ownership. The asking price for this opportunity is $4.5 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.