American Healthcare Capital is pleased to introduce a home health and hospice agency for sale in Southeast Texas. Both the home health and hospice were Medicare certified in 2002. The company provides skilled nursing, certified home health aides, physical and occupational therapy, speech therapy, medical social services, and bereavement counseling. They are based in Jefferson County and serve 9 counties within a 70-mile radius.
The average daily census is 45 hospice patients and 11 home health. Revenues have been fairly consistent over the past few years in the $2 million range. Gross revenues for 2022 were $1,987,034 with a net income of $220,594. From January through May 2023, they grossed $959,939 with a net income of $151,854, and they expect to exceed $2.3 million by the end of the year with a net income around $375,000. Their current census is 45 hospice patients and 11 home health patients.
The owner plans to retire but will assist during a transition period. The rest of the staff is expected to stay on.
The asking price for this opportunity is $3 million.
If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.