American HealthCare Capital is pleased to introduce a Medicare and Medicaid certified Home Health and Hospice agency for sale in Southwest Utah. The home health has been in business since 2011 and the hospice has been in operation since 2003.
The company’s business mix is over 95% Medicare for both the home health and hospice with the remainder being private pay. Gross revenues for the home health were approximately $408,000 in 2017, and gross revenues for the hospice were $123,000 in 2017, for a combined total of over $531,000 with a 20% adjusted EBITDA margin. In anticipation of selling the owners have a current census of 1 for both the home health and hospice operations. Both agencies are deficiency free and the hospice has been CAP free since inception.
The staff is expected to stay on under new ownership, and the owners are willing to assist during a transitional period. The asking price for both the home health and hospice is $500,000.
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.