American HealthCare Capital is pleased to introduce a Joint Commission accredited, Medicare certified home health agency located in Los Angeles County, California. The company has been Medicare certified since 2009, providing the full array of home health services. Their service area spans a 50 mile radius from their office.
The company’s payer mix is 100% Medicare. Gross revenues are on track to hit $1.52 Million for the full year 2018, with a net income of $410,000 (26%). The current census is 66 patients with 6-12 new admissions per month. They have consistently grown without substantial marketing efforts and feel that a new owner could expand the trend by adding a marketing person.
The staff is expected to stay on under new ownership, and the owners will assist during a transitional period.
The asking price for this opportunity is $1.2 Million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.