Medicare and Medicaid Certified Hospice Agency in Southern Texas
For Sale in TX
Financial & Assets Details
About the Business
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 ix 96% Medicare, 3% Medicaid, and 1% Insurance. Gross revenues were over $2.8 Million in 2016 and ended above $2.6 Million in 2017 with an adjusted EBITDA of more than $600,000. They are anticipating similar results in 2018, with a current average census of 45 patients. Their average length of stay is 45 days, and they have no issues with cap.
I am pleased to introduce a Medicare and Medicaid certified Hospice agency for sale in Southern Texas. The company has been in business for nearly a decade. Although services are primarily performed in the patient’s home, the company also has a in-patient facility. They service 11 counties in the surrounding area, allowing them to cover a large portion of the southern region of Texas.
Support & Training
The staff is expected to stay on, and the sellers will assist during a transitional period. The asking price for this opportunity is $2.5 Million.