Company Overview
American HealthCare Capital is pleased to exclusively introduce an established in-home care agency for sale in Southeast Pennsylvania. The company provides professional, compassionate non-skilled personal care, light housekeeping, and assistance with activities of daily living. They have a clean record with the state licensing agency, and they are contracted with a major managed care organization and are close to finalizing with another MCO.
Financial Overview
The company’s payer mix is 100% MCO Medicaid. Their average daily census is 15 clients and they bill 4,800 hours per month. Gross revenues reached over $1.134 million in the trailing-twelve months with an adjusted EBITDA of $182,615.
Staff Overview
The staff is expected to stay on under new ownership, including a pool of W-2 employee caregivers. Additionally, the seller will assist a new owner for a short transitional period.
Asking Price
The asking price for this opportunity is $1.1 million, which excludes cash, receivables, and working capital. This is a great opportunity for a buyer who is looking to quickly enter the Pennsylvania home care market with a clean provider number and license, as well as a valuable MCO contract.