Medicare Certified Home Health Agency in Northeast Texas

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 68% Medicare, 20% insurance, and 12% PAS, private pay, and Long Term Care insurance. Gross revenues were over $600,000 in 2017 with a net profit of $165,000. Based on current trends and their growing referral base, they expect to reach $800,000 in gross revenues in 2018 with over $200,000 in adjusted EBITDA. Their current census is over 60 patients, and the sellers feel there are ample opportunities for continued growth because of the agency’s excellent reputation in the community for quality of care.

Market Competition:

I am pleased to introduce a Medicare certified home health agency located in Northeast, Texas. The company has been Medicare certified since 2012 and they are CHAP accredited. Additionally, they are Licensed for Provider Assistance Services (PAS). Their service area spans a 60 mile radius from their office.

Location Details:

Northeast Texas

Support & Training

The staff is expected to stay on, but the sellers would like to retire. The asking price for this opportunity is $600,000.