Jan 30, 2019 — Medicare and Medi-Cal certified Home Health and Hospice Agency for sale in Southern California.
The company has a long legacy of business in the state and provides services which include physical, occupational, recreational, behavioral, and speech therapies; wound care; IV therapy; chemotherapy; pediatrics; congestive heart failure treatment; and assistance with ADLs as well as four tiers of hospice services.
The payer mix is 81% Medicare and 19% managed care. 2018 Annual gross revenues were $19.2 Million with an adjusted EBITDA of $2,368,540 (12.31%). Their current average census is a total of 330 home health patientsand 150 hospice patients with an average of 38 new hospice admissions per month.
All employees are expected to remain and the sellers will assist during a short transitional period. The asking price for this opportunity is $12 Million.