Company Overview
American HealthCare Capital is pleased to introduce an opportunity to establish a Medicare home health agency in El Paso, Texas. The company has been Medicare certified since 2010, and their service area includes El Paso County within DADS Region 10. Their last survey was performed on 9/15/22 with no deficiencies, and there are no outstanding ADR’s.
Financial Overview
The company generated gross revenues of $403,066 in 2019, $52,908 in 2020, and $11,269 in 2021. In anticipation of selling the agency, no revenue was generated in 2022. The last patient was served in June 2021. The company reduced the patient census to zero in 2021 and does not intend to serve additional patients prior to a sale, other than to maintain their license and Medicare provider number. The company’s sole payer is Medicare, and it does not maintain any other payer contracts.
Staff Overview
The sellers intend to pursue other endeavors and will assist with a transitional period as needed. A new owner will need to bring their own staff.
Asking Price
The asking price for this opportunity is $175,000.
