Company Overview
American HealthCare Capital is pleased to present a Medicare certified home health agency for sale. This CHAP accredited company has been in operation for over fifteen years and provides a full range of home health services across a broad multi-county service area.
The business operates from multiple locations and maintains a strong referral network with hospitals, skilled nursing facilities, assisted living facilities, and physicians.
Financial Overview
The company’s payer mix averages approximately 85% Medicare and 15% HMO/private pay. The company currently maintains an average daily census of approximately 200 to 250 patients and continues to receive a steady stream of referrals from hospitals, skilled nursing facilities, assisted living facilities, and physicians throughout its service area.
The company generates approximately $6.2 million in annual revenue with adjusted EBITDA of approximately $967,000. Financials have been normalized to reflect ongoing operations and a streamlined cost structure.
Staff Overview
The organization maintains a stable workforce, and ownership is willing to assist during a transition period.
Asking Price
The asking price for this opportunity is $4.5 million excluding cash, receivables, and working capital.