American HealthCare Capital is pleased to introduce a Medicare certified, CHAP accredited home health agency for sale in Houston, Texas. They have been Medicare certified since 2013. Their service area covers 13 counties in the greater Houston area.
The company’s payer mix is 90% traditional Medicare and 10% Medicare replacement plans. Gross revenues have consistently been in the $1 million range. In 2019, their adjusted EBITDA was nearly $160,000. Their current census ranges between 25 – 35 patients, but they tend to be seasonal and expect it to go back up to the 45 – 55 range as the year progresses.
The sellers are looking to move on, but the rest of the staff is expected to remain. The asking price for this opportunity is $700,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.