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$1.1 Million Medicare Certified Home Health Agency in Los Angeles, County California

State: 

California

Category:

Home Care & Home Health

Asking Price:

$600,000

Revenue:

$1,100,000

Listing Code:

CAMC4A

American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Los Angeles County, California that currently covers a wide territory. The company has been Medicare certified since 2007 and they are Joint Commission accredited. They service patients in Los Angeles, Ventura, Riverside, and Orange County.  The company is completely Turn-Key with operational efficiency, workflow processes, and proprietary Care-Programs.  The company is lean and is setup for either passive or active investors/operators.

The company’s business mix is 95% Medicare and 5% insurance. Gross revenues were $1.1 Million in 2016 with an adjusted EBITDA of $225,000, and they expect to do about the same in 2017. The agency has a strong base of referrals within hospitals, physicians, rehab centers, and their Medical Director that a new owner could significantly build upon.  The agency averages 5-8 new referrals a month.

The current staff is available to stay on and the sellers will accommodate a transitional period as needed.  The asking price for this opportunity is $600,000.

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