Listings

$2.1 Million Medicare and Medicaid Agency for Sale in Corpus Christi, Texas

Texas
$1,500,000
$2,100,000
TXMC3V

American HealthCare Capital is pleased to introduce a home health and provider services agency that is for sale in Corpus Christi, Texas. The company has established a great reputation for quality service. Services provided include skilled nursing, certified home health aides, certified nursing assistants, physical therapy, occupational therapy, and medical social services. They are licensed to cover 9 counties in the surrounding region.

As a whole, the business grossed over $2.1 Million in 2016 and is on track to do the same or better in 2017. The payer mix is approximately 42.7% Superior, 31.2% TX DADS, and 26.1% United Healthcare. At $1.7 Million, the majority of the revenue comes from provider services, and their current census is 131 patients. The home health business is on track to gross nearly $450,000 with a current census of 33 patients. The current owner feels that growth can be achieved by increasing marketing efforts.

The seller would like to focus on other, non-related business interests but would be willing to stay on for a transitional period. The rest of the key personnel are available to help grow the business with a new owner. The asking price for this opportunity is $1.5 Million, and the owner is willing to sell the Provider Services and home health businesses separately if desired.

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.