Medicare Certified Home Health and Hospice Agency located in Southern Texas
For Sale in TX
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 75% Medicare, 15% Insurance, and 10% HMO/Medicaid. Gross revenues are currently on track to reach $875,000 in 2017 with a current census of 60 patients. The company has a strong base of referrals that a new owner could build on, and they expect to see an immediate jump in revenue once they are approved for hospice.
Market Competition:
I am pleased to introduce a Medicare certified home health agency for sale in Southern Texas. The company has been Medicare certified for home health since 2008 and they are Joint Commission accredited. They have received accreditation from Joint Commission for their Hospice as well in July 2017, and they officially received their Medicare (CCN) number in December 2017. Their service area covers 4 counties in Southern Texas.
Support & Training
The staff is expected to stay on under new ownership, but the seller would like to focus on other business interests. The asking price for this opportunity is $750,000.
