American HealthCare Capital is pleased to introduce a Medicare-certified home health and hospice agency for sale in Northern California. The company has been in business since 2015 and they are CHAP accredited. They serve 5 counties in the San Francisco Bay area.
The overall payer mix is 60% Medicare and 40% Kaiser and other HMOs. The majority of the current business is from home health, with an average census of 60 home health patients and 2 hospice patients. Gross revenues are currently on track to gross $1.5 million by the end of 2019 with a strong net profit margin. The sellers feel that growth could be achieved by expanding their hospice business.
The staff is expected to stay on under new ownership.
The asking price for this opportunity is $1 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.