American HealthCare Capital is pleased to present a Medicare certified home health agency based in San Antonio, Texas. The company has been Medicare certified since 2005. Their services include Home Health Aides, Skilled Nursing, Physical Therapy, Wound Ostomy, and much more. Their service area is concentrated in an 8-county region.
The company’s payer mix is 98% Medicare and 2% private insurance. In 2016 Gross revenues were $675,168 and in 2017 Gross Revenue grew to $882,138 with an adjusted EBITDA of $147,478.32 (17%). In 2018, they expect to generate over $1 million in revenue. Their current census is 90 patients and they receive 10 new admissions per month.
All employees are expected to remain, and the sellers will help during a transitional period. They would also be open to a long-term employment agreement if required. The asking price for this opportunity is $700,000.
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