Company Overview
American HealthCare Capital is pleased to introduce a Medicare and Medicaid certified home health agency for sale in Bay County, Michigan. The company was Medicare certified on January 23, 2020, and they are ACHC accredited. They are approved to serve the entire state, but their service area is concentrated in Saginaw, Midland, and Bay Counties. They have contracts with Medicare, BCBSM, Molina, Meridian, and McLaren.
Financial Overview
The home health agency has not generated any revenue over the past couple of years. A new owner would be getting a clean license and provider number to begin operating immediately. The sellers feel there is ample room for growth, as the company is strategically located within close proximity to skilled nursing facilities, hospitals, and assisted living facilities in an area with a high elderly population.
Staff Overview
A new owner will need to hire new staff to operate the business. The sellers plan to relocate out of state but will assist as needed during a brief transitional period.
Asking Price
The asking price for this opportunity is $110,000.
