Company Overview
American HealthCare Capital is pleased to exclusively represent a Durable Medical Equipment company for sale in Massachusetts. The company has two components, one that focuses on providing DME products and services to patients with insurance, and another that focuses on renting DME products to cash/private pay patients. It serves patients throughout Massachusetts, Rhode Island, Connecticut, and Southern New Hampshire, and has earned a reputation for personalized service, clinical expertise, and reliable delivery.
Payers and Services
The insurance side of the business has contracts with many payers and maintains a strong and diversified reimbursement base. Its revenue mix is approximately 70% Medicare, 20% private insurance (including Blue Cross, UnitedHealthcare, and Aetna), 5% Medicaid, and 5% cash/private pay.
The company provides white-glove delivery and setup of equipment, including full patient instruction. It supports both home patients and institutional clients, such as hospitals, rehabilitation centers, and skilled nursing facilities. The company provides certified fittings for diabetic shoes and orthotics, maintains a strong recurring rental program, and supplements its operations with sales through both a retail storefront and an e-commerce platform.
The cash/private pay side of the business specializes in rentals for home care and recovery needs. Its model combines an accessible website with direct customer support, allowing patients and families to order equipment online or by phone, with delivery coordinated to their homes.
Financial Performance
In 2024, the company generated approximately $1.32 million in revenue, with a net income of $180,048 and adjusted EBITDA of over $221,000. Looking ahead to 2025, the company is expected to generate approximately $1.33 million in gross revenue. Net income is projected to exceed $200,000 with an adjusted EBITDA near $225,000, reflecting continued investment in growth initiatives and category expansion.
Asking Price
The asking price for this opportunity is $900,000, plus the value of any new inventory. This does not include any cash, receivables, or working capital.
The property associated with the business is owned by the seller, who may consider selling it as part of the transaction.