American HealthCare Capital is pleased to introduce a Home and Community Based Services provider for sale in Northwest Illinois. The company serves children and adults with intellectual and developmental disabilities. Services include Home-Based Case Management, adult day program, Personal Support Worker Services, Behavior and Clinical Services through a Medicaid-Waiver funded program, as well as a private pay.

The company’s payer mix is 67% Medicaid Waiver and 33% Private Pay. The company has experienced consistent growth, both organically and through acquisition. Gross revenues were $948,383 in 2020, increased to $1,520,690 in 2021, and grew to $1,928,122 in 2022. They are currently on pace to reach $2.2 million in 2023 with an adjusted EBITDA margin around 25%. The company’s census is 400 clients, which consists of 350 Medicaid Waiver clients and 70 private pay.

There is a full complement of staff in place that is expected to stay on under new ownership, including key management.

The asking price for this opportunity is $3.5 million.

If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.