American HealthCare Capital is pleased to present an ACHC accredited, Medicare and Medicaid certified home health agency located in the San Francisco Bay Area. The company has been in business since 2015 and provides services which include skilled nursing, physical therapy, occupational therapy, speech therapy, medical social work, home health aide, and more.
The payer mix is of 90% Medicare, 5% Medi-Cal/Medicaid, and 5% HMO and they have an average census of 140 patients. Each month, they receive an average of 60 new home health admissions. Annual gross revenues in 2018 were $2.1 million with an adjusted EBITDA of $355,309. In 2019, they are projected to double their revenue and reach $4 million with an adjusted EBITDA of $561,026 (14.06%).
All employees are expected to remain including key management personnel, and the sellers are available to assist during a short transition period.
The asking price for this opportunity is $2.5 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.