State:
California
Category:
Home Care & Home Health
Asking Price:
-
Revenue:
$14,000,000
American HealthCare Capital is pleased to introduce a Medicare certified home health agency for sale in Northern California. The company was Medicare certified and ACHC accredited in 2018 and has seen rapid growth ever since. Their service area spans a 7 county region and they are in the process of adding 5 more counties. The company works with most major insurance providers and programs, including Medicare, Medicaid, UHC, HealthNet, Blue Cross, Cigna, Humana, Aetna, and more. Gross revenues have grown exponentially since the company’s inception, going from $1.1 million in 2019, to $4.5 million in 2020, to more than $7.5 million in 2021 with a net profit of $2.5 million. In 2022, they expect to reach $14 million with a net profit in the $4 million range. Their current census is 600 patients and growing. The company employs a lean, efficient staff, all of whom are expected to stay on. The owners will assist during a transitional period. All reasonable offers will be considered.
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