Medicare certified home health agency based in San Antonio, Texas. The company has been Medicare certified since 2005. Their services include Home Health Aides, Skilled Nursing, Physical Therapy, Wound Ostomy, and much more. Their service area is concentrated in an 8 county region.
The company’s payer mix is 98% Medicare and 2% private insurance. Gross revenues were nearly $1.1 Million in 2015 with an adjusted EBITDA of approximately $200,000 (18.5%). In 2016, they expect a similar financial outcome. Their current census is 85 patients and they receive 15 new admissions per month.
All employees are expected to stay. The owner will assist during a transitional period as needed and would also consider staying on board long-term. The asking price for this opportunity is $800,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.
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