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Nov 14, 2018 — A Medicare, Medicaid and PASSPORT home care agency for sale in the Columbus, Ohio area. The company was Medicare certified in 2013. Their service area covers a 5 county area in Central Ohio.
The company’s payer mix is 61% Medicaid HMO, 38% Medicaid, and under 1% Medicare. Gross revenues have grown every year, going from $535,733 in 2015 to a projection of nearly $930,000 in 2018 with a net income around $110,000. The current census is 55 patients. The seller feels that growth could be achieved by expanding their service area.
The staff is expected to stay but the owner wants to pursue other opportunities. The asking price for this opportunity is $550,000.
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