American HealthCare Capital is pleased to introduce a Medicare and Medicaid certified home health agency for sale located in Northern Virginia. The company has been Medicare certified since 2007 and has built an outstanding reputation in the community. They service 4 counties in the surrounding area.
The company’s payer mix is 51% Medicare, 25% Medicaid, and 24% private insurance and self pay. Gross revenues were over $1.5 Million in 2015, nearly $1.7 Million in 2016, and almost $2.5 Million in 2017 with an adjusted EBITDA of $441,150 (17.7%). The company anticipates reaching at least $2.75 Million 2018 with a current census of 155 patients. They have consistently grown without any marketing effort and feel that a new owner could easily continue the trend.
The staff is expected to stay on under new ownership, but the seller would like to retire. The asking price for this opportunity is $2.25 Million.
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.