$3 Million Medicare and Medicaid Certified Home Health Agency Serving the Denver, Colorado Area.
Medicare and Medicaid certified home health agency for sale in the Denver, Colorado area. The company has been Medicare certified for over 6 years, and they are ACHC accredited. They serve 5 counties in the Denver metropolitan area.
The company’s payer mix is 42% Medicare, 38% Medicaid, and 20% private pay and insurance. Gross revenues have steadily increased over the past few years, ending at almost $2.5 Million in 2017 with an adjusted EBITDA of approximately $445,000. They are anticipating gross revenues in the $3 Million range in 2018 with a similar EBITDA margin. Their census is currently in the 140 range, and the seller feels there are ample opportunities for continued growth.
The staff is expected to stay on under new ownership, and the seller will assist during a transitional period.
The asking price for this opportunity is $2.5 Million.
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