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$2.7 Million Medicaid Home Care Agency in San Antonio, Texas

State: 

Texas

Category:

Home Care & Home Health

Asking Price:

$1,200,000

Revenue:

$2,700,000

Listing Code:

TXPD1W

American Healthcare Capital is pleased to introduce a Medicaid Home Care Agency for sale in San Antonio, Texas. The company has been in business since 2009 and is licensed to provide PAS (Personal Assistance Services) in all counties in Texas. Their core business is non-skilled care, although they used to do some private duty.

The company’s payer mix is 24% Medicaid and 76% other insurances, such as Superior, Molina, and Amerigroup. Their current census is 160 clients. Gross revenues have consistently been in the $2.7 million – $2.9 million range over the past few years, reaching $2.75 million in 2021. They anticipate being in the same range in 2022.

The owner would like to pursue non-healthcare related opportunities, but the staff is expected to stay on under new ownership.

The asking price for this opportunity is $1.2 million.

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