American HealthCare Capital is pleased to present a Medicare certified home health agency based in the Houston, Texas area. The company has been Medicare certified since 1996, providing Skilled Nursing, Home Health Aide, Physical, Occupational & Speech Therapy, and MSW services. Their service area spans over 12 counties in the surrounding area.
The company’s payer mix is 50% Medicare and 50% Private Insurance. Gross revenues were just below $500,000 in 2015 and are on track to reach close to $300,000 by the end of the year. Their current census is 22 patients. The owners believe the business could see tremendous amounts of growth by increasing staff and focusing on generating referrals specifically as part of a 12 home health agency Preferred Provider Network for a major medical center hospital.
All employees are expected to stay on under new ownership. The owners are willing to assist during a transitional period.
The asking price for this opportunity is $275,000.
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.