American HealthCare Capital is pleased to introduce a Medicare certified Home Health agency for sale in Houston, Texas. The company has been Medicare certified since 2012. Their approved service area includes DADS Region 4, 6, 7, which allows them to cover a good portion of the eastern half of the state.
The company’s payer mix is 50% Private Pay and Insurance, 40% Medicare, and 10% Medicaid. Gross revenues were $450,000 in 2017 with a net income of $140,000. Their current census is 60 patients, of which 20 are Medicare, 20 are HMO, and 22 are private pay. They have a strong base of referrals that a new owner could build upon.
The staff could be available to stay on, and the seller will assist during a short transitional period as needed. The asking price for this opportunity is $350,000.
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.