State:
Not Disclosed
Category:
Behavioral Health, Mental Health, & ABA Therapy
Asking Price:
$950,000
Revenue:
$1,650,000
American Healthcare Capital is pleased to introduce the sale of an Outpatient Pediatric Therapy & ABA Services Company with multiple locations in the West. The pediatric practice for sale provides a wide range of services, including ABA and Speech, Occupational, and Physical Therapy. The company’s payer mix is Medicaid (44.2%), Blue Cross (27.4%), Allegiance (9.9%), EBMS (8.9%), Tricare (4.5%), and Other Payers (5.1%). Gross Revenues in 2021 were $1,557,395 with an adjusted EBITDA of $186,155. They are on track to hit $1,650,000 in revenue in 2022. Opportunities for growth abound based on local partnerships with a local university (ABA Field Training), the local Cleft Palate Team, and relationships with most pediatricians in the area. Demand for their services and treatments has grown with the practice, and some patients wait 3 to 4 months before they can get into the outpatient pediatric therapy clinic for treatment. There is a full complement of staff expected to remain post sale that includes 24 therapists and 2 administrative team members. The owners relocated during COVID and manage the clinics remotely with the help of an Executive Director based locally that manages the day-to-day operations. The owners are open to staying on for up to 1 to 3 years and ultimately seek to achieve a better work-life balance. The asking price for this outpatient pediatric therapy and ABS practice for sale is $950,000.
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