Jul 1, 2019 — CAMC4K - $1.7 Million Joint Commission Accredited, Medicare Certified Home Health Agency and Hospice for Sale in Orange County, California
Joint Commission accredited, Medicare certified home health agency and hospice located in Orange County, California, in one of the most populous cities in the area. The company was Medicare certified for home health in 2007, and their service area spans a 50 mile radius from their office. Additionally, they recently became licensed and certified for hospice.
The company’s payer mix is 80% Managed Care, 10% Medicare and 10% Private Pay. Gross revenues were nearly $1.7 Million in 2017, with an adjusted EBITDA of $286.7K. The company anticipates gross sales of $1.8 Million or better in 2018 with a current census of 200 home health patients and 70-120 admissions per month. The hospice has 1 patient. They have consistently grown without substantial marketing efforts and feel that a new owner could easily continue the trend.
The staff is expected to stay on under new ownership, while the owner has decided to pursue a non-related career path.
The asking price for both agencies is $1.8 Million, which can be purchased as a package or separated as follows: $1.4 Million for the home health and $400,000 for the hospice.