This home health care agency, certified by CHAP, provides skilled nursing to seniors living in the Metro-West and Eastern areas of Massachusetts. The care the company provides consists of skilled nursing, physical therapy, home health aids, and occupational and speech therapy. In business less than 10 years, the company has grown rapidly and reached over $3,000,000 in revenues in 2016.

The primary customers of the business are MassHealth and Medicare patients, but they also do work for other insurance companies. Since MassHealth has a moratorium on adding new providers and becoming a provider for Medicare is difficult, the ability to offer services to these organizations is very valuable.

The home health care business is a large and fast growing industry primarily due to the rapidly increasing number of seniors and the efforts of insurance providers to control costs. IBISWorld estimates that the industry will grow at an average of 6.7% per year over the next 5 years.

The company runs a lean operation with less than 10 administrative employees and 40 people in the field. The equipment required for this business is minimal. The employees use their own vehicles to make patient visits.

Offers are invited for this business.

This business receives many referrals. Maintaining the capacity to service them should result in a steady increase of revenues. The insurance companies that the company services can also be expanded.

Posted Sep 7, 2016

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