Company Overview
American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Northern California. This CHAP accredited company has been in business for over a decade providing a full array of home health services. They have multiple locations serving clients within an 8-county region.
Financial Overview
The company’s payer mix averages around 85% Medicare and 15% HMO/private pay. Gross revenue was over $8.3 million in 2023 and is expected to reach $8.7 million in 2024 with an adjusted EBITDA over $1 million. With their longstanding history of quality service, they continue to receive a steady stream of referrals that a new owner could quickly capitalize on with additional staff.
Staff Overview
The staff is expected to stay on under new ownership, and the owners will accommodate a short transitional period as needed.
Asking Price
The asking price for this opportunity is $6 million.
