American HealthCare Capital is pleased to introduce a DME company for sale in the Northeast. This well-established company is CHAP accredited and has a great reputation for quality products and services within the community. The company’s product mix is 90% breast pumps and 10% other DME. Their service area encompasses their entire state. Customers may order by speaking with customer service associates or online via their website. Very little inventory is warehoused since the products are either drop-shipped or delivered just-in-time.
The company’s payer mix is 50% Medicaid and 50% Private Insurance. They finished 2022 with gross revenues of nearly $2.1 million and an adjusted EBITDA of approximately $275,000, and they anticipate doing the same in 2023. Immediate modifications can be made to increase margins by 12-15%. The company has an established, diverse set of referral sources with a steady stream of new and repeat business that a new owner could build upon. They work with an impressive roster of insurance companies, including two networks with very difficult-to-obtain contracts, and they are in-network providers for most of them.
The seller is available for a short transitional period if needed. The remainder of the staff is expected to stay, including one employee that could replace the owner.
The asking price for this opportunity is $1.4 million, which includes inventory.
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.