American HealthCare Capital is pleased to introduce a Medicare certified and CHAP accredited home health and infusion agency located in Southern Texas. The company has been in business for more than 10 years. They are licensed to service 44 counties in DADS Regions 7, 8, 9, and 11, which allows them to cover Central and Southern Texas.
The company’s payer mix is 95% Medicare and 5% Medicare Advantage plans. Gross revenues were nearly $790,000 in 2016 and over $840,000 in 2017 with an adjusted EBITDA of $157,798 (18.8%). The average census has been 70 patients with 6 new admissions per month. The seller feels that growth could be achieved through accepting additional payers such as Medicaid and private insurance, as well as expanding their service lines into Pediatrics and Hospice. A new owner could also further capitalize on their expansive service area.
The seller would like to move on to other opportunities, but the rest of the staff is expected to stay on. The asking price for this opportunity is $700,000.
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.