Company Overview
American Health Care Capital is proud to introduce a Nationwide Healthcare Staffing Agency based in the southeast. The agency’s primary focus is on travel nursing (85%), but they also do per diem staffing (5%) and Allied Staffing (10%). Positions they staff include RNs, LVNs, LPNs, CNAs, and Allied Techs. They do business nationwide and have done Medical Staffing placements in all 50 states.
The staffing agency for sale is operated by healthcare and recruiting professionals that understand the challenges and staffing needs of today’s healthcare industry. Daily operations are Nurse-Managed and focused on providing quality customer service, quality healthcare professionals, and quality patient care. The company has Joint Commission Certification as a premier Healthcare Staffing Agency and has earned the reputation of being one of the most trusted and dedicated Healthcare Staffing Agencies in the industry with staff that is in compliance 100% of the time.
Several years ago, this healthcare staffing agency changed its direction from VMS/MSP contracts to contracting directly with hospitals, surgery centers, long-term care, medical centers, and skilled nursing facilities, as they were growing weary of the intense competition with other healthcare staffing agencies. This new direction has paid off, and they are now the leader in long-term/skilled nursing facilities in many states, with many master agreements in place. They have a huge client customer base with over 1,500 active, billable clients, and over 550 of these were serviced and invoiced in 2023.
The company prides itself on its ability to provide staff immediately or within 24-48/hrs. They have an extensive database of healthcare professionals with profiles ready to submit to facilities. They hire only the best professionals who genuinely want to be effective in the quality of life of the patients, and they strive to provide quality patient care with positive outcomes.
Financial Overview
The company has seen dramatic growth over the past few years, with a significant increase each year since 2019. They went from $4.7 million in 2019, to $ 6.5 million in 2020, to over $47 million in 2021. In 2022, they showed Total Income of $52.55 million with Gross Profit of $8.69 million. The trailing twelve-month period from March 2023 to March 2024 shows Gross Revenue of $30,299,024 with a 24.9% gross profit margin of $7,555,871. This number excludes COGS. From Jan 1 to March 23, 2024 the company had Total Income of $3,276,123 with a Gross Profit of $457,465. Currently the company has been invoicing for approximately $180,000 per week on average.
Staff Overview
The staff is expected to stay on under new ownership, and the seller will assist during a transitional period.
Asking Price
The asking price for this opportunity is TBD.
