May 15, 2020 — OHMC2P - $1 Million Medicare and Medicaid Certified Home Health Agency located in the Greater Columbus, Ohio Area
Home Health Agency for sale in the Greater Columbus area. The company provides a variety of services in both skilled and non-skilled care, including Stroke Rehabilitation, Orthopedic Rehabilitation, Wound Care, Ostomy Care, Physical Therapy, Occupational Therapy, and Speech Therapy. Non-medical services include 24-hour care for a wide array of home care needs. They are Medicare certified.
The company’s payer mix is approximately 55% Medicaid, 20% Private Insurance, 22% DODD and 3% Medicare. Over the past three years, the company has consistently grown in annual revenue. In 2018, they collected $914,867 with an adjusted EBITDA of approximately $100,000. In 2019, they are projecting approximately $1 million in gross collected revenue with a current census of 30 clients. There is a strong referral base that a new owner can build upon, and there is opportunity for growth in the mental health field.
The asking price for this opportunity is $500,000.
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