American HealthCare Capital is pleased to introduce a very profitable, multi-location orthotics and prosthetics company based in the Chicago Metropolitan area. The company was founded by its owner in 1998 and has an outstanding reputation for individualized patient care and providing the most advanced technological products. This well regarded company provides customized, complex orthotic and prosthetic patient care. The product mix is 60% orthotics and 40% prosthetics.
The company’s payer mix consists of Medicare, Medicaid and Private Insurance, as well as direct business with area hospitals. They have experienced consistent growth. Revenues were between $1.2 Million and $1.3 Million in 2015 and 2016. Revenues for the Twelve Months Ended May 2017 were in excess of $1.5 Million. In addition, growth could be achieved with stronger marketing efforts and by expanding into nearby local areas.
The clinical and administrative staff is expected to stay on under new ownership. The owner would like to work with a new owner that has the infrastructure to continue the high growth rate.
The asking price for this opportunity is $1.4 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.