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$3.7 Million Medicare Certified Hospice and Home Health Agency located in Northern Utah

Listing Code:

UTHP1D

State:

Utah

Category:

Home Care & Home Health

Asking Price:

$3,750,000

Revenue:

$3,700,000

UTHP1D

American HealthCare Capital is pleased to present a Medicare certified Hospice and Home Health provider for sale located in Northern Utah. The company has been in business for over 15 years and provides Hospice and Home Health services, including but not limited to Skilled Nursing, Wound Care, Catheter Care, Post-Surgical Care, and assistance with ADLs, as well as Physical, Occupational, and Speech Therapy. There is also a small private duty component to their business. The company’s revenue by service type is 89% Hospice, 10% Home Health, and 1% Private Duty Services. Their Hospice operation has a payor mix of 100% Cigna (Medicare), and their Home Health operation has a payor mix of 67% Cigna (Medicare), 19% Molina, 6% Medicaid, 4% Blue Cross Blue Shield, 2% Aetna, and 2% Healthy U. In 2018, the company generated $2.7 million in gross revenue with an adjusted EBITDA of $350,899 (13.01%). In 2019, they experienced significant growth, generating a total of approximately $3.7 million in revenue with an adjusted EBITDA of $933,649.23 (25.19%). Their current census is 51 Hospice patients, 31 Private Duty patients, and 20 Home Health patients with an ALOS of 105 days for their Hospice clients. All employees are expected to remain within the operation, and the owner is willing to assist during a transition. The asking price for this opportunity is $3.75 million.

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Listing Code:

UTHP1D

Listing Title:

$3.7 Million Medicare Certified Hospice and Home Health Agency located in Northern Utah

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Contact the Team

Jack Eskenazi American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

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PRIME exits® is a registered trademark of Nazeri & Company LLC, an independent affiliate of American Healthcare Capital. Nazeri & Company Co., Ltd. (Thailand) operates as a separate and independent entity, providing marketing and content creation services. PRIME exits® is a specialized merger and acquisition advisory firm dedicated to the healthcare industry, supported by a network of over 50 M&A analysts and advisors.

 

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Contact us

 

1-800- 424-3388 HEAD OFFICE

1-310-625-7889 Jack Eskenazi

1-702-506-3392 Dr. Allen Nazeri 

Valuation Team

Jack@ahcteam.com

Allen@ahcteam.com

Allen@pexits.com

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