American HealthCare Capital is pleased to introduce a Medicare certified home health agency and home therapy staffing agency for sale in the greater Chicago, Illinois area. The home health agency has been Medicare certified since 2006. They provide a full range of services, including skilled nursing, physical therapy, occupational therapy, speech therapy, medical social workers, and certified nurse assistants. The therapy staffing agency provides Physical Therapy, Occupational Therapy, Speech Therapy, and Social Work for the home health agency. They are licensed to serve 5 counties in the surrounding area.
The company’s payer mix is 85% Medicare and 15% private insurance. Gross revenues have been in the $1.3 million range for the past couple of years, and they are expected to be the same in 2020. Their adjusted EBITDA was nearly $172,000 in 2019. Their current census ranges between 55 – 70 patients.
Most of the staff is expected to stay in place, and the owners will assist during a transitional period.
The asking price for this opportunity is $600,000.
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.