American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Southern Texas. The company has been Medicare certified for home health since 2008 and they are Joint Commission accredited. They have received accreditation from Joint Commission for their Hospice as well in July 2017, and they officially received their Medicare (CCN) number in December 2017. Their service area covers 4 counties in Southern Texas.
The company’s payer mix is 75% Medicare, 15% Insurance, and 10% HMO/Medicaid. Gross revenues are currently on track to reach $875,000 in 2017 with a current census of 60 patients. The company has a strong base of referrals that a new owner could build on, and they expect to see an immediate jump in revenue once they are approved for hospice.
The staff is expected to stay on under new ownership, but the seller would like to focus on other business interests. The asking price for this opportunity is $750,000.
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.