American Healthcare Capital is pleased to introduce a Medicaid Home 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.
The Company’s 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.
The current Owner/Administrator plans to pursue other endeavors after a sale but is available to assist during a reasonable transitional period. The remaining staff members may transition with a new owner.
The asking price for this opportunity is $400,000.
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.