American HealthCare Capital is pleased to introduce a Medicare and Medicaid certified Home Health agency for sale in Northwest Indiana. The company has been Medicare certified since 2004 and they are ACHC Accredited. They serve Lake, Porter, Newton, & Jasper Counties.
The company’s business mix is 100% Medicare, although they are also Medicaid Waiver certified and in network with Aetna, Blue Cross and other insurances. In 2019, gross revenues were $463,000. In 2020, due to COVID-19, gross revenues declined to $170,000. Their current census is 25 patients. With COVID restrictions lifted, revenues are expected to increase and could grow further via active marketing. Furthermore, a new owner could capitalize on newly obtained private insurance contracts.
The staff is expected to stay on, and the seller will assist during a transitional period. The asking price for this opportunity is $200,000.
