Details

Jul 10, 2018Medicare and Medicaid certified Home health agency for sale in Eastern Missouri.

They have been in business for over 15 years. The company provides a full array of home health services, as well as Behavioral Health services and Pediatric care. Although their core business is traditional home health, they receive Behavioral health referrals from Hospitals that do not have a behavioral health component, and the pediatric business focuses on high risk pregnancy patients through Medicaid HMO’s. Their service area spans a 30 mile radius from their office.

The company’s primary payer is Medicare, but they also accept private insurance, VA, and Medicaid. Gross revenues were nearly $1.5 Million in 2017 with an adjusted EBITDA of $279,025 (18.7%). The current census is 105 patients, and the sellers feel there is ample opportunity for continued growth due to the agency’s excellent reputation in the community for quality of care.

The current owners are interested in relocating to another market. They are willing to assist during a transitional period. The asking price for this opportunity is $1.5 Million.

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