American HealthCare Capital is pleased to introduce a Medicare Certified home health agency for sale in Michigan. This Joint Commission accredited agency was Medicare certified in 2009. They are located in a Northern Suburb of the Detroit Metropolitan area and service9 counties in the surrounding region.
The company’s primary payer is Medicare, but they also accept Medicare Advantage, Blue Cross Blue Shield, and Auto No-Fault. Gross revenues have always been in the $600,000 range with an average census in the 30 range. However, the company saw a drop in 2020 due to the pandemic. Business picked back up in Q4 2020, and they anticipate being back to pre-pandemic levels in 2021.
The staff is expected to stay and the seller would consider staying on in a lesser capacity. The asking price for this opportunity is $350,000.
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.