An excellent opportunity to purchase a well-established, Semi-Absentee, and turnkey home care company. The business is a very profitable and well-established company. This NC Home Care Agency has solid management in place, which allows the owner to visit the office only one day per week. The owner and management have consistently grown revenue, with plenty of room for additional growth.
The business, serves Medicaid, insurance, and private pay patients and covers the south-central portion of the Tar Heel State. In a given week, the Company serves between 80 and 90 patients with about 80 caregivers. Over the course of a year, the company will serve approximately 100-120 total patients.
There are significant opportunities for growth – the Company has not marketed or had a dedicated sales effort in several years. An ideal purchase for a new owner-operator or an existing company that wants to extend its patient and caregiver base. Recent NC reimbursement rate increases have increased margins and profitability.
The Company provides a wide variety of services, resulting in multiple revenue streams and reduced reliance on a single program or payer:
· Non-medical/Companion care
· Personal care & meal preparation
· Services for children and adults
· Light Housekeeping
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.