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$1 Million Revenue Medicare Certified Home Health Agency in Northern Wisconsin

State: 

Wisconsin

Category:

Home Care & Home Health

Asking Price:

$600,000

Revenue:

$1,000,000

Listing Code:

WIMC1H

American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Northern Wisconsin. This long-standing company has developed a stellar reputation for providing high quality home health services, including Registered Nursing, Physical Therapy, Speech Therapy, Occupational Therapy, Home Health Aides, and Medical Social Worker services. Their service area encompasses 8 counties in the surrounding region.

The company’s payer mix is 39% Medicare, 24% Medicare Advantage, 13% Community Care, 7% Medical Assistance, 9% VA, 6% private insurance, and 2% private pay. Gross revenues have been steady in the $1.1 million – $1.2 million range, and they ended 2022 at $1,149,111. Adjusted EBITDA has consistently been in the 10 – 12% range. In 2023, gross revenues are expected to be near $1 million. The company could achieve rapid growth with additional staff to keep up with the current demand.

The staff is expected to stay on, and the owners will accommodate a transitional period or potentially stay on as well.

The asking price for this opportunity is $600,000.

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