Medicare Certified Home Health Agency based in Southern Colorado and New Mexico

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 50% Medicare, 30% Medicaid, and 20% other, including VA. Gross annual revenues have consistently been in the $3.7 Million range, and their adjusted EBITDA was nearly $463,000 in 2016. The sellers have purposely maintained a steady flow of business in anticipation of retirement, but they feel that growth could easily be achieved with more marketing.

Market Competition:

I am pleased to introduce a Medicare Certified Home Health Agency for sale based in Southern Colorado. The company received their Medicare provider number 10 years ago. Their services include Skilled Nursing, Physical Therapy, Occupational and Speech Therapy, Medical Social Work, and Homemaking and Personal Care. They also have an office in New Mexico from which they provide nursing and CNA services. Their service area covers 5 counties in Colorado and 1 county in New Mexico.

Location Details:

Southern Colorado and New Mexico

Support & Training

The staff is expected to stay on with the new owner and the sellers will assist during a transitional period. The asking price for this opportunity is $2.3 Million.