May 8, 2019 — CAMC5E - $3.3 Million Home Health Agency in Los Angeles County, California
Home health agency for sale in Los Angeles County, California. This well-established company is Medicare certified, although the bulk of their business is from Managed Care. They serve all of Los Angeles County, as well as North Orange County.
The company’s payer mix is 98% Managed Care and 2% Medicare. Gross revenues have been stable in the $3 million range with a strong adjusted EBITDA above $600,000. They are a preferred provider for a large Managed Care Organization, actively serving more than 600 patients at the present time. There is great potential for growth to expand as a preferred provider under this contract into other regions.
The seller would like to retire but feels that the rest of the staff would stay on under new ownership.
The asking price for this opportunity is $2.5 million.