American HealthCare Capital is pleased to introduce a Medicare certified Home Health agency for sale in the Tampa Bay, Florida area (AHCA Region 5). The company has been Medicare certified since 2004 and provides a full range of Home Health services. Their service area spans over 2 counties in the surrounding area.
The company’s payer mix consists of 98% Medicare and 2% various HMO contracts. Gross revenues were a little over $2.8 Million in 2015 and reached close to $3.8 Million in 2016. The agency is extremely profitable and has an excellent reputation in the community. Their current average census is 200 patients and receives roughly 40 new admissions per month. The owner believes there is great potential for growth with the already established marketing team in place.
All staff is expected to stay on under new ownership. The owner is looking to retire but would be willing to assist during a transitional period.
The asking price for this opportunity is $3 Million.
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