American HealthCare Capital is pleased to introduce a home infusion nursing agency in Virginia. Established 10 years ago, the company provides IV Start and IV Medication services across the state. The company contracts with specialty pharmacies that pay the company directly for services provided.
The company grew from $515,112 in gross revenues in 2019, to $717,377 in 2020. In 2021, gross revenues increased to $749,452. In 2022, gross revenues were $614,933 with roughly breakeven profitability. The decline in 2022 is attributed to the consolidation of specialty pharmacies.
The company’s payer mix is 100% specialty pharmacies. The company contracts with specialty pharmacies that pay the company directly for services provided. The current average census is 65 patients, and the company bills approximately 470 hours per month.
The staff is expected to stay on under new ownership. The owners intend to pursue other endeavors and will assist with a transition.
The seller will consider competitive offers.
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.