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Details - Information last confirmed on September 3, 2020
MAMC1K - $1.4 Million Revenue Medicare Certified Home Health Agency in Massachusetts
Our firm is pleased to introduce a Medicare certified home health agency for sale in Massachusetts. The company has been Medicare certified and CHAP accredited since 2014. They provide a full range of skilled and non-skilled home health services to patients throughout Central Massachusetts.
The company’s payer mix is 85% Medicaid and 15% commercial insurance. Gross revenues were nearly $1.2 million in 2019. In 2020, they saw growth despite the pandemic with gross revenues of almost $1.4 million with a healthy adjusted EBITDA of approximately $260,000. Their current average census is around 70 patients. The sellers feel that continued growth can be achieved under new ownership with a renewed focus and strong marketing campaign.
The staff is expected to stay on, and the sellers will assist during a short transitional period as needed. The asking price for this opportunity is $1.1 million.
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