American Healthcare Capital is pleased to introduce a Medicare and Medicaid Certified Home Health and Behavioral Health agency located in Columbus, Ohio.
The company has been in business since 2004 servicing the Columbus Metropolitan area and the surrounding counties. They specialize in servicing mentally ill and medically fragile patients, and services include Skilled Nursing, Physical Therapy, Occupational Therapy, Psychiatric Nurses, Home Health Aides, and much more.
The company’s payor breakdown is approximately 93% Medicaid, 6% Medicare, and 1% Private Pay. Gross revenues were approximately $3.1 Million in 2017 with an adjusted EBITDA of $251,183 (8.06%). 90% of revenue is generated from skilled services. Their current census is approximately 230 patients.
The sellers will remain on during a transitional period as needed but are looking to retire. All key staff are expected to stay on under new ownership. The asking price for this opportunity is $1 Million.