American HealthCare Capital is pleased to present a Medicare certified home health agency based in South Florida with 2 locations. The company has been Medicare certified since 2010. Their services include Home Health Aides, Skilled Nursing, Physical Therapy and much more. Their service area is concentrated within AHCA Regions 9 and 10.
The company’s payer mix is 65% Medicare, 25% HMO, and 10% private pay. Gross revenues were approximately $2.18 Million in 2014, and they were $2.34 Million in 2015 with an adjusted EBITDA of approximately $436,192 (18.6%). In 2016, the company generated $2,535,716 with an adjusted EBITDA of $570,130 (22.4%). Their current census is 175 patients and they receive 80-100 new admissions per month.
All employees are expected to stay. The owner wants to pursue other business endeavors but will assist during a transitional period as needed. The asking price for this opportunity is $2.3 Million.