American Healthcare Capital is pleased to introduce a Medicare Certified Home Health agency located in Columbus, Ohio. The company has been in business since 2005. Their services include Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Therapy, and they are also Wound Care certified. Their service area spans a 50 mile radius in and around the Columbus area.
The company’s payer breakdown is approximately 70% Medicare and 30% Medicare Advantage. In 2015, the company generated over $1.2 Million in gross revenue and grew to more than $1.3 Million in 2016 with an adjusted EBITDA of $160,251 (12.31%). In 2017, the company is on pace to reach $1.6 Million in gross revenue with an adjusted EBITDA of $259,000 (16%). Their current census is 40 patients.
The sellers will stay on during a transitional period as needed. All key staff are expected to stay on under new ownership. The asking price for this opportunity is $1.1 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.