American Healthcare Capital is please to introduce a turn-key Medicare certified Home Health agency located in Eastern Michigan. They provide a variety of home healthcare services including Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Therapy, Home Health Aides and MSW’s.
The company’s current payer mix is approximately 62% Medicare, 20% BCBS, 7% DHS of MI, 6% WellCare, and 5% Molina. Gross revenues were nearly $450,000 in 2020. They anticipate being in the same range in 2021 with a current census of 30 patients. The seller believes that there is an opportunity for growth with renewed focus on marketing.
The owners are looking to exit completely, but the rest of the staff is expected to stay on.
The asking price for this opportunity is $450,000.
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