American HealthCare Capital is pleased to introduce a Medicaid certified home care agency for sale in Louisiana. The company has been in business for over 12 years, providing home and community based services that allow individuals to remain in the community instead of in an institutional facility. Services include waiver programs, respite care, Long Term Personal Care Services, and more. Their service area covers Regions 6 and 7, which includes the northern part of Louisiana.
The company’s business is 99% Medicaid. Gross revenues were $3.2 Million in 2016 with an adjusted EBITDA margin over 10%, and they are on track to generate a similar outcome in 2017. Their current census is 155 patients. The owner feels that continued growth could be achieved with increased marketing efforts, as well as adding additional services.
The current owner will accommodate a short transitional period, and the staff is expected to remain under new ownership.
The asking price for this opportunity is $1.2 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.