Oct 14, 2019 — CAHP1V - $1.6 Million Medicare Certified Home Health and Hospice Agency based in San Bernardino County, California
Medicare and Medicaid certified home health and hospice agency for sale in Southern California. The company has been Medicare certified for home health since 2008 and hospice since 2013. They are Joint Commission accredited for both. Their service area covers all of San Bernardino County.
The company’s business is about 60% hospice and 40% home health, of which half comes from Medicare and the other half is HMO/PPO. Based on recent revenue trends, the company’s run rate is in the $1.6 million range, and they are anticipating an adjusted EBITDA margin around 20%. The current average home health census is 36 patients and 14 for hospice with an average length of stay of 76 days.
The staff is expected to stay on under new ownership, but the sellers are relocating.
The asking price for this opportunity is $1.2 Million.