Jul 1, 2019 — TXMC7D - Opportunity to Establish a Medicare Home Health Agency in the Greater Houston, Texas Area
The company’s payer mix is 94% Medicare, 4% insurance, and 2% private pay. The current census is 10 patients, of which 8 are Medicare and 2 are private insurance. Gross revenues were under $200,000 in 2018 and are expected to be similar in 2019. Referrals come from hospitals, doctors’ offices, and word of mouth.
There are several part-time employees that may be available to stay on under new ownership, but the owner would like to retire.
The asking price for this opportunity is $200,000 with room for negotiation.