American HealthCare Capital is pleased to present a Medicare certified, CHAP accredited Hospice and Home Health provider for sale in the Dallas-Fort Worth Metropolitan Area. The company has been in business for over 10 years and provides services that include Skilled Nursing, Social Workers, Nursing Aides, a variety of Therapies. They serve 9 counties in the surrounding region.
Their Hospice operation has a payer mix of 99% Medicare and 1% Private Insurance, and their Home Health operation has a payer mix of 70% Medicare, 20% Medicare Advantage, and 10% Private Insurance. In 2019, the company generated a total of $4.6 million in gross revenue with an adjusted EBITDA of $992,282 (21.37%). In 2020, they experienced continued growth, grossing $4.7 million with an adjusted EBITDA of $1,089,678 (23.16%). Approximately 53% of their business was from hospice and 47% was from home health. Driven by their strong hospice performance, the company is projecting considerable growth in 2021 with approximately $5.6 million in combined revenue and combined adjusted EBITDA exceeding $1.2 million.
All non-owner employees are expected to remain with the operation post-sale. The owners, who serve varying roles within the organization, are moving on to other endeavors and will assist during a transition.
The asking price for this opportunity is $6 million
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.