Listings

$1.5 Million Medicaid and Private Duty Home Care Agency in Missouri Specializing in Professional Care for the Elderly and Disabled

Missouri
$500,000
$1,500,000
MOPD1D

American HealthCare Capital is pleased to introduce a Medicaid and private duty home care agency for sale in Missouri that specializes in professional care for the elderly and disabled. The company has been in business for 11 years. The company has multiple, fully staffed offices located throughout the state, allowing them to service 20 counties. Some of the services provided include personal care, homemaking, chores, advanced personal care such as ostomy and catheter hygiene, skilled nursing services, and much more.

The company’s payer mix is 87% state reimbursement, 2.5% Medicaid, 6.5% private pay and 2% VA. Gross revenues were $1.79 Million in 2017 and are on track to reach $1.48 Million in 2018 with a current census of 165 clients. Because of personal issues, the seller has not been able to dedicate sufficient attention to managing the business. As a result, profitability has suffered. However, with renewed focus, a new owner could easily recapture the market and increase
profitability.

The staff is expected to remain, and the seller is desirous of remaining with the company in an employment capacity. The asking price is $500,000.

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.