American HealthCare is pleased to introduce a Medicare certified home health agency for sale in the Troy, Michigan area. The company has been Medicare certified for over 6 years, providing skilled nursing, therapy, social worker, dietician and home health aide services. They currently service 8 counties in the surrounding area.
The company’s payer mix is 85% Medicare and 15% Insurance. Gross revenues were just above $450,000 in 2015, with a current census of 18 patients. The seller feels that there is a lot of potential for growth within their service area, especially with a strong marketing effort.
The current owner is selling in order to spend more time with family but would be open to staying on with the company in a part time role. The rest of the staff is available to continue working under new ownership. The asking price for this opportunity is $200,000.
