American HealthCare Capital is pleased to introduce a home health agency for sale in Massachusetts. Although they are licensed for both Medicare and Medicaid, only a small portion of their business comes from Medicare. Their service area spans a 50-mile radius from their office, which covers a 4 county area.
The company’s payer mix is 75% Commonwealth Care Alliance, 24% Mass Health (Medicaid) and 1% Medicare and private pay. Gross revenues have been in the $1.1 million to $1.3 million range over the past few years. Their current census is 58 clients, with 4 -5 new admissions per month.
The staff is expected to stay on under new ownership and the seller will accommodate a transitional period as needed. The asking price for this opportunity is $500,000.
