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Oct 2, 2018 — Medicare certified home health agency for sale in Alabama, which is a Certificate of Need State for home health.
This 11 year old company has been Medicare certified since 2007, and their last survey was completed in 2017. In addition to their home office, they have 1 drop-site location, although their license allows for up to 6 drop-site locations. They serve 6 counties in the surrounding region.
The company’s overall payer mix is 90% Medicare Advantage and 10% Medicare. Gross revenues are projected to be $5 Million in 2018 with an adjusted EBITDA of $1.75 Million. The current census is 300 patients. The seller has cultivated extensive business relationships and would be willing to stay on as long as needed to ensure a smooth transition.
The asking price for this Certificate of Need (CON) opportunity is $5 Million.