American HealthCare Capital is pleased to offer a Medicare Certified Home Health Agency for sale in Virginia. The company provides a variety of comprehensive Home Health services, including Skilled and Non-Skilled Nursing, Physical Therapy, Occupational Therapy, Speech-Language Therapy, Medical Social Workers, and Companion Care.
The company’s payer mix is approximately 75% Medicare and 25% Private Insurance. Over the past three years, the company has decreased in annual revenue. In 2018, the company collected $941,968 in gross revenues with an average census of 60 patients. In 2019, they collected $731,163 and in 2020 they collected $580,201 in gross revenue with an average census of 43 patients. In 2021, their current census is 46 patients.
The seller is willing to stay for the right opportunity and the rest of the staff is expected to stay on under new ownership.
The asking price for this opportunity is $300,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.