Jul 29, 2019 — CAMC5F - $4.5 Million Medicare and Medicaid Certified Home Health Agency in Southern California
Medicare and Medicaid certified home health agency for sale in Southern California. The company has been in business for more than 30 years. Their service area covers Orange and Los Angeles Counties.
The company’s business mix is 90% Managed Care and 10% Medicare. They have a large number of Managed Care contracts, some of which are currently closed to new enrollment. The average daily census is 400 patients, of which 30 are Medicare and 370 are Managed Care. Gross annual revenues have been in the $4 – $5 million range over the past few years, and their last fiscal year ended at nearly $4.5 million. There are many opportunities for growth within their existing service area and contracts.
There is a full staff that is expected to stay on under new ownership, and the CEO will assist during a transitional period as needed.
The asking price for this opportunity is $2 million.