American HealthCare Capital is pleased to introduce an opportunity to establish a Medicare home health agency in Macomb County, Michigan. The company has been Medicare certified since 2011. Their service area covers Macomb, Oakland, St. Clair, and Wayne Counties.
In anticipation of selling, the sellers have run the agency with a minimal census. They currently have 16 patients, of which 10 are Medicare and 6 are Medicare HMO. Gross revenues have been consistently under $200,000. Their payer mix is 69% Medicare, 26% Medicare HMO, and 5% Auto, Worker’s Compensation, HAP (Out of Network), and Self Pay.
A new owner would be expected to bring on their own staff, but the seller will assist during a short transitional period if needed. The asking price for this opportunity is $150,000, and the owner is highly motivated to sell.
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.