Medicare and Medicaid Hospice based in the San Fernando Valley of California

Financial & Assets Details

About the Business

Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.

QUALIFIES FOR SBA FINANCING INQUIRE

Growth & Expansion

The company’s payer mix is 80% Medicare, 5% MediCal (Medicaid), and 5% private insurance. The company has contracts with all major insurances, including LA Care, Blue Shield, Humana, United Health Care, and more. Gross revenues were nearly $1.7 Million in 207 with an adjusted EBITDA of over $217,000 (13%), and they anticipate doing about the same in 2018. Their census averages 20-30 patients with an average length of stay of 60 days. A new owner could grow the business by continuing to build on their excellent reputation and implementation of a renewed marketing effort.

Market Competition:

I am pleased to introduce a Medicare and Medicaid certified home health agency for sale in Los Angeles County, California. The company is strategically located in the San Fernando Valley, which has a high concentration of geriatric patients and referral sources. They have been in business since 2004, and they are approved to service a 60 mile radius from their office.

Location Details:

San Fernando Valley of California

Support & Training

The staff is expected to stay on, but the seller would like to retire.