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Jul 15, 2020 — Our firm is pleased to introduce a JCAHO accredited, and Medicare-certified home health agency for sale in the greater Detroit area. The company, which specializes in post-cardiac surgery care and therapies, has been Medicare certified for home health since 2004. Their service area covers eight counties in or around the Metro Detroit area.
The company’s payer mix is 90% Medicare and 10% Private Pay. Revenues for 2019 were approximately $228,000, with a current average census of 20-30 home health patients and 5-10 new admissions per month. Since the COVID lockdown has been lifted, new admission have increased to a total of 14 in the month of June, with its main referral source being hospitals.
The owner, who works as the Director of Nursing, is open to staying on board under new management.
The asking price for this opportunity is $250,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.
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