Company Overview
American HealthCare Capital is pleased to exclusively present a Home Health Agency for sale in Northern California. The agency is owned and operated by an experienced, highly educated Nurse Practitioner whose Team brings a clinically focused hospital standard of care to the comfort of patients’ homes. The care team consists of nurse practitioners, registered nurses, licensed vocational nurses, physical therapists, occupational therapists, speech-language therapists, medical social workers, and home health aides. The agency is accredited by the Accreditation Commission for Healthcare (“ACHC”) for compliance with a comprehensive set of national standards.
The Agency provides a variety of home health programs, including Chronic Disease Management for Longevity, Telemedicine, Transitional Care, In-Home Rehabilitation, Private-Duty Nursing, Dementia and Memory Care, and Mental Health Support. Their services improve the patient’s quality of life by enhancing comfort and promoting healthy living and longevity during the home recovery process.
Financial Overview
The company’s payor mix is currently 94% Medicare, 3% Blue Cross/Shield, and 3% Self-Pay. In 2023, the Agency had $1,343,905 of gross revenue. In 2024, the Agency had $1,042,656 of gross revenue, and they have very strong profit margins.
Currently, the company is positioned for significant growth with the aging population, high demand for home health care services, an aggressive marketing campaign, and recognition within the community as a high-quality health partner, all of which a new owner could build upon. Based on these factors, the Company has forecasted increased revenue and profitability in 2025 and beyond.
Staff Overview
At the present time, the staff consists of 1 full-time owner, 1 part-time owner, 1 administrative employee, and approximately ~30 clinical staff. The full-time owner is looking forward to retirement but is willing to remain with the agency during a reasonable transition period. With the exception of the part-time Owner, the rest of the staff are expected to remain with the agency following the transaction.
Asking Price
The asking price for this opportunity is $1,200,000, which does not include cash, receivables, or working capital.
The business currently resides in a medical office condominium that is separately available for sale for an additional $700,000.