State:
Texas
Category:
Home Care & Home Health
Asking Price:
$175,000
Revenue:
-
Company Overview
PRIME exits and American HealthCare Capital are pleased to introduce an opportunity to establish a Medicare home health agency in El Paso, Texas. The company has been Medicare-certified since 2010, and their service area includes El Paso County within DADS Region 10. Their last survey was performed on 9/15/22 with no deficiencies, and there are no outstanding ADRs.
Financial Overview
The company generated gross revenues of $403,066 in 2019, $52,908 in 2020, and $11,269 in 2021. In anticipation of selling the agency, no revenue was generated in 2022. The last patient was served in June 2021. While the historical payor mix has been primarily Medicare, the company also has contracts with Amerigroup, Aetna, My Nexus, BlueCross, VA, TriWest, and Humana. The company reduced the patient census to zero in 2021 and does not intend to serve additional patients prior to a sale.
Staff Overview
The sellers intend to pursue other endeavors and will assist with a transitional period as needed. A new owner will need to bring their own staff.
Asking Price
The asking price for this opportunity is $175,000.
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