Aug 16, 2019 — TXMC6Z - $800,000 Medicare Certified Home Health Agency Serving the Houston, Texas Area
Medicare certified Home Health agency for sale in the Houston, Texas area. The company has been in business since 2000 and provides a variety of services including Skilled Nursing, Wound Care, PT/OT/ST, and Infusion Therapy services. Their service area spans 3 counties in the surrounding area.
The company’s payer mix consists of 95% Medicare and 5% Insurance. Gross revenues were $800,000 in 2018 with an adjusted EBITDA margin of 18%. They are on track to do the same by year end 2019. Their current census is 60 patients. While the company’s revenue has been achieved with limited to no marketing, the seller feels tremendous growth could be accomplished by implementing stronger marketing efforts.
The staff is expected to stay on under new ownership. The seller is looking to retire but would be willing to help during a short transitional period.
The asking price for this opportunity is $550,000.
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