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Medicare and Medicaid Agency for Sale in Corpus Christi, Texas

For Sale in TX

Listing ID: TXMC3V | Broker Listing ID:

Financial & Assets Details

$2,100,000

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

As a whole, the business grossed over $2.1 Million in 2016 and is on track to do the same or better in 2017. The payer mix is approximately 42.7% Superior, 31.2% TX DADS, and 26.1% United Healthcare. At $1.7 Million, the majority of the revenue comes from provider services, and their current census is 131 patients. The home health business is on track to gross nearly $450,000 with a current census of 33 patients. The current owner feels that growth can be achieved by increasing marketing efforts.

Market Competition:

I am pleased to introduce a home health and provider services agency that is for sale in Corpus Christi, Texas. The company has established a great reputation for quality service. Services provided include skilled nursing, certified home health aides, certified nursing assistants, physical therapy, occupational therapy, and medical social services. They are licensed to cover 9 counties in the surrounding region.

Location Details:

Corpus Christi, Texas

Support & Training

The seller would like to focus on other, non-related business interests but would be willing to stay on for a transitional period. The rest of the key personnel are available to help grow the business with a new owner. The asking price for this opportunity is $1.5 Million, and the owner is willing to sell the Provider Services and home health businesses separately if desired.

Listing ID: TXMC3V

Contact Broker

American Healthcare Capital ahcteam.com Listings: 103(310) 437-4422 View My Listings

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