American Healthcare Capital is pleased to introduce a $2 Million Medicare and Medicaid Certified Home Health agency located in Columbus, Ohio. The company has been in business since 2004 and their services include Skilled Nursing, Home Health Aide, Physical Therapy, Occupational Therapy, and Speech Therapy. Their service area spans 9 counties throughout the Columbus area.
The company’s payer breakdown is approximately 90% Medicaid and 10% Medicare. In 2016, the company generated $2,204,242 with an adjusted EBITDA of $322,759 (14.64%). In 2017, the company is on pace to generate just over $2 million in revenue with an adjusted EBITDA of $320,000 (16%). Their current patient census is 65 Medicaid and 3 Medicare, and they receive an average of 3-4 new referrals per month.
The sellers are looking to retire but will stay on during a transitional period as needed. All key staff are expected to stay under new ownership. The asking price for this opportunity is $1.3 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.