Feb 14, 2019 — Medicare and IDPH certified home health agency for sale in a suburb of Chicago, Illinois.
The company has been Medicare certified since 2009. Services provided include skilled nursing, physical therapy, occupational therapy, speech therapy, medical social services, and home health aides. Their service area includes 6 counties in the surrounding area.
The company’s payer mix is 99% Medicare and 1% private insurance. Gross revenues have been in the $600,000 – $700,000 range over the last few years, with an average census of 40-50 patients. In 2018, they were on pace to reach $600,000. The sellers feel that growth can be achieved with aggressive marketing and by pursuing more private insurance business.
The sellers would like to retire but will accommodate a transitional period as needed. The asking price for this opportunity is $600,000.
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