$700,000 Medicare Certified Home Health Agency Serving Northern Ohio
American HealthCare Capital is pleased to offer a Medicare Certified Home Health Agency for sale in Ohio. The company provides a full range of both Skilled and Private Duty services. Skilled services include nursing, physical therapy, occupational therapy, speech therapy, social services and home health aides. Their private duty services include 24/7 care.
The company’s payer mix is approximately 25% Medicare and 34% Private Pay, 40% VA and 1% Medicaid. Over the past three years, the company has declined slightly in annual revenue. In 2018, the company collected $871,740 in gross revenues with an average census of 110 patients. In 2019, their census was 115, collecting $829,760 in gross revenues. In 2020, they have declined due to COVID and are projected to collect approximately $700,000 in gross revenues with a current census of 60 and profitable.
The seller is willing to stay with the company for the right opportunity, and the rest of the staff is expected to stay on under new ownership.
The asking price for this opportunity is $300,000.