$1.6 Million Medicare Certified Home Health Agency in Northern Indiana

Mishawaka, IN (St Joseph County)

$1.6 Million Medicare Certified Home Health Agency in Northern Indiana

Asking Price:$1,200,000

Cash Flow:N/A

Gross Revenue:$1,600,000

EBITDA:$320,000

FF&E:N/A

Inventory:N/A

Established:2012

$1.6 Million Medicare Certified Home Health Agency in Northern Indiana

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Business Description

American HealthCare Capital is pleased to present a Medicare certified home health agency based in Northern Indiana. The company has been Medicare certified since 2012. Their services include Home Health Aides, Skilled Nursing, Physical Therapy and much more. Their service area is concentrated in an 8 county region and the surrounding areas.

The company’s payer mix is 80% Medicare and 20% private insurance. Gross revenues were just over $700,000 in 2014, and they were $1.3 Million in 2015 with an adjusted EBITDA of approximately $265,000 (20%). Growth is expected to continue in 2016, as they are currently on pace to reach $1.6 Million. Their current census is 90 patients and they receive 35-40 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 $1.2 Million.

AHC screens all buyers and will release information selectively. We also work exclusively with our clients and never co-broker. In order to view our listings, all potential buyers must show proof of funds and have relevant industry experience. If you would like to learn more, please contact us for a Confidentiality Agreement.

Detailed Information

Employees:
15+
Reason for Selling:
The owner wants to pursue other business endeavors.
Business Website:
http://americanhealthcarecapital.com/listing/inmc1g/

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Mike Moran

Business Listed By:
Mike Moran

American Healthcare Capital

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