Company Overview
American Healthcare Capital is pleased to introduce a Medicaid Home Health Care Agency for sale in the Austin, Texas area. Established in 2016, the company provides non-skilled home care services, including homemaking services and personal care. They serve patients in Travis and Hays counties within DADS Region 7. Hays County is one of the fastest growing counties in the country.
Financial Overview
The home health care business’ payer mix consists of 100% Medicaid. Medicaid payor sources include State Medicaid (50%) and Medicaid MCO (47% United Healthcare, 3% Amerigroup). In 2020, the company generated gross revenue of $480,887, and in 2021, they grew to $535,931. In 2022, they continued the growth trajectory with gross revenue of $624,506 and marginal profitability. 2023 gross revenue is projected to grow to $700,000.
Staff Overview
The current Owner/Administrator plans to pursue other endeavours after a sale but is available to assist during a reasonable transitional period. The remaining staff members may transition with a new owner.
Asking Price
The asking price for this home healthcare business in Austin, Texas is $400,000.
