American Healthcare Capital is pleased to introduce a licensed Behavioral Health and ABA Services company based in Northern Louisiana for sale. The company has been in business since 2007 and has developed a reputation as one of the premier providers for a variety of behavioral health therapies in the region.
The company has multiple divisions and treats children and adults of all ages. Services include Occupational Therapy, Physical Therapy, Psychological Therapy, Speech Therapy, Autism Therapy, Psychiatric Care, and Family and Individual Counseling.
The company is in-network with some of the largest providers and has a payer mix of roughly 99% in-network insurance and 1% private pay. In ABA services, about 80% of their in-network contracts are billed through Medicaid. Their Counseling and Pediatric services charge approximately 85% through private insurance and 15% through Medicaid.
In 2019 The company grossed $10.8 million in Revenue with an EBITDA of $1.2 million. In 2020 the company was hit hard by the pandemic, but they still managed to finish the year strong with a gross revenue of $4.3 million and $200,000 in EBITDA (5%). They are having a strong January, and 2021 is projected to be their best year yet.
All employees are expected to stay on under new ownership and management is in place to take over the seller’s responsibilities. The seller is also available and open to staying on for a period of time in some capacity post-acquisition.
The asking price for this opportunity is $10 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.