American Healthcare Capital has pleased to introduce a Non-Skilled Home Care Business located in the Mid-Atlantic area. The company has been in business for nearly 22 years providing homemaking services and personal care. They have multiple locations, allowing them to serve a very broad area.
The company’s payer mix is 95% Medicaid, and 5% private pay. Gross revenues for 2019 were over $12.6 Million with an adjusted EBITDA over $2.2 Million. They are currently on track to gross $15 million in 2020 with a current average census over 1,100 clients.
All staff are expected to stay on under new ownership, and the owner will assist during a transitional period.
The asking price for this opportunity is $15 Million.
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.