American HealthCare Capital is pleased to offer a Medicare and Medicaid Certified Home Health Agency for sale in the Houston, Texas area. The company provides skilled nursing care, certified home health aides, physical and occupational therapy, speech therapy, and medical social services. The company is licensed to provide services in 6 counties within DADS Regions 6. The company is also licensed to provide PAS services.
The company’s payer mix is 50% Medicare, and 45% Medicare Advantage, and 5% Private Insurance. The company is currently contracted with UHC, Superior, Molina, and Community Health Choice. Gross revenues were $723,840 in 2020, up from $715,792 in 2019. Gross revenues are projected to remain flat in 2021. Their current census is 44 patients, and they generate 4-5 new admissions per month.
Two of the three owners, who participate in the agency as Administrator and CFO, plan to pursue other endeavors but will assist during a reasonable transition period. The third owner, who participates in the agency as DON, may be open to remaining with the agency post-sale.
The asking price for this opportunity is $400,000.
