Feb 28, 2019 — CAMC5C - $495,000 Medicare Certified Home Health Agency in Los Angeles County, California
Medicare Certified Home Health Agency for sale in Los Angeles County, California. The company has been Medicare certified since 1997. Their services include Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Language Pathology and Medical Social Work. They serve clients within a 20 mile span of their office in Los Angeles county.
The company’s payer mix is 90% Medicare, 5% commercial insurance and 5% Workman’s Compensation. The current census is 27 patients with 5-7 new admissions per month. Gross revenues have consistently been in the $400,000 range with net profit around $70,000. In 2018, they grossed over $493,000 with an EBITDA of $82,125 (16.7%).
The staff is expected to stay on under new ownership. The seller is a Physical Therapist who will assist during a transitional period and would be open to staying on to provide physical therapy.
The asking price for this opportunity is $325,000.
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