State:
California
Category:
Home Care & Home Health
Asking Price:
-
Revenue:
$3,200,000
Company Overview
PRIME exits and American HealthCare Capital are pleased to exclusively introduce an established Hospice and Home Health agency for sale in Southern California. The company has been in business since 2012 providing hospice care and added home health in 2018. They are Medicare-certified and Joint Commission-accredited. Their service area includes the counties of Los Angeles, Orange, and San Bernardino.
Financial Overview
The company’s primary payer source is Medicare, but they also accept MediCal (Medicaid). Revenues have increased over the past few years, going from over $1.7 million in 2020 to $2.9 million in 2021, to more than $3.1 million in 2022. They grossed nearly $3.2 million in 2023, and they expect to see continued growth in 2024. The hospice census is 42 patients, and the home health census is 14 patients.
Staff Overview
The staff is expected to remain after the sale, and the seller will assist during a brief transitional period.
Asking Price
The seller will consider all competitive offers.
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