American HealthCare Capital is pleased to introduce a profitable, Medicare/Medicaid home health provider based in the southwest with total annual revenues of over $10 million. The company is seeking a Joint Venture Partner to provide a Letter of Credit for $1.7 million to fund the expansion of a five year capitation contract that has already been secured with HealthNet, a AAA rated insurance company. Separate and apart from their other business, their current contract with HealthNet generates $250,000 in monthly revenues. Under the newly negotiated terms, which covers 8,500 lives at $68 per insured, monthly revenues from this contract will increase by $380,000 to a total of $630,000. Our client is willing to pay a high rate of interest to an investor who is just interested in putting up the Letter of Credit as a Guarantor for the company with multiple negotiable assets as collateral. Alternatively, the company will consider an investor looking to acquire a majority or minority share in the company while providing the Letter of Credit. Terms & Conditions are to be negotiated on an equitable and good faith basis.