American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Austin, Texas. The company has been in business since 2018 providing skilled and non-skilled home health services. They currently service Travis and Williamson counties, while their state license allows for ten counties in Region 7.
The company has focused primarily on serving Medicare patients. Their payer mix is 70% Medicare, 14% United Health Care, 8% Humana, and 7% Sendero. Their current average census is 50 Medicare patients. Gross revenues were around $1.1 Million in 2019 and have slightly decreased due to COVID-19. Gross revenues are on track to reach $840,000 in 2020 but are anticipated to return to pre-COVID levels in 2021 once restrictions are lifted.
The staff is available to stay on, and the seller will assist during a transitional period as needed. The asking price for this opportunity is $600,000.
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.