Company Overview
American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Southeast Florida. The company has been in business since 2020 and provides a full range of home health services, including skilled nursing, physical therapy, occupational therapy, speech therapy, medical social workers, and home health aides. They are licensed to serve all of AHCA Region 9, which includes the counties of Palm Beach, Martin, St. Lucie, Indian River, and Okeechobee Counties.
Financial Overview
The company maintains a diverse payer base, with 30% of revenue coming from Devoted Health, 25% from Medicare, 20% from Blue Cross, 10% from Aetna, and the remaining 15% from other private and commercial payors. The current average census is 20 patients, with approximately 7 from Integrated, 4 from Carecentrix, 3 Medicare, and 6 from other sources.
Due to the owner’s health issues, the company has maintained a minimal census over the past few years. Gross revenues were under $50,000 in 2024 and are anticipated to be about the same in 2025. The agency has tremendous upside potential, with a strong foundation, clean compliance history, and service capacity in a region with high demand for senior in-home services.
Staff Overview and Exit Plan
There are staff available to continue working with a new owner, including a Director of Nursing and a Scheduler. The owner is selling due to health concerns and will assist a new owner during a transitional period.
Asking Price
The asking price for this opportunity is $300,000, which does not include cash, receivables, or working capital.
