American HealthCare Capital is pleased to introduce a non-medical home care agency south of Pittsburgh, Pennsylvania. The company participates in the Pennsylvania Consolidated Waiver Program, which allows individuals with intellectual disabilities or autism to live more independently. They service a 12 county area in the Western part of the state.
The company’s payer mix is 70% Medicaid (ODP) Waiver, 10% Medicaid, and 15% charitable funds. Revenues were $900,000 in 2017 with adjusted EBITDA of $220,000, and they are on track to increase in 2018. Their current census averages 25 clients.
The staff is expected to stay on under new ownership and the owners will be available to assist as needed during a transition period. The asking price for this opportunity is $1 million.
