American HealthCare Capital is pleased to offer a Medicare Certified Home Health Agency for sale in Houston, Texas. The company provides skilled nursing care, certified home health aides, and physical, occupational, and speech therapy. They are licensed to service all counties in Texas, and they currently work in the counties of Harris, Brazoria, and Fort Bend.
The current payer mix is 40% Traditional Medicare, 40% Medicare Advantage, and 20% private pay. The company maintains contracts with Medicare, AETNA, Oscar Insurance, and Community Health Choice. They have previously served a number of out-of-network Humana PPO patients. Gross revenues were $13,629 in 2020, $123,180 in 2021, and $132,065 in 2022. Through 10/18/23, gross revenues were $73,801, with marginal profitability. Their current census is 1 patient.
The owner, who serves as the Administrator, plans to focus on other endeavors after a sale but will assist during a reasonable transition period. The rest of the staff is expected to stay on.
The asking price for this opportunity is $100,000.
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.