American HealthCare Capital is pleased to introduce an established Home Health and Hospice agency for sale in Southeast Texas. The company is Medicare and Medical certified since 1985. They are located southeast of San Antonio, servicing 14 counties in the region.
Gross revenues have consistently grown since the pandemic. Gross revenues were $3.5 million in 2021 and are expected to exceed $4 million in 2022. The average daily census is currently 175 for Home Health and 35 for Hospice, and they anticipate reaching 190 for Home Health and over 40 for Hospice by year end 2022. The company’s 2021 home health payer mix was 59% Medicaid and HMO, 40% Medicare, and 1% private pay, but they are shifting towards Medicare being their primary payer. Their hospice payer mix is 100% Medicare.
The asking price for this opportunity is $3.8 million.
If you would like to learn more, please use the form on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code and Listing Title from the summary above to complete the NDA.