Alabama: $6.3M Home Health Agency (UNDER LOI)
Great as a tuck in or to expand geographic coverage. Gross Revenue: 6.3M Seller Discretionary Earnings 1.4M
Florida: $7.4M Home Health and Private Duty Agency (UNDER LOI)
Two location agency covering Region 9 and 10. The licenses allow for service throughout Broward, Palm Beach, Martin, St. Lucie and Indian River counties and has been in operation by current owners since 2013. The agency is Medicare and Medicaid Certified and ACHC accredited and provides skilled care along with a private duty/private pay service line which accounted for 64% of gross revenues in 2021. Over 95% of clients reside inside senior living communities. Key employees are available for continued employment as needed. This is a non-franchised corporate owned agency that is divesting this asset to focus on other core service and product offerings.
Florida: Region 4 Medicare and Medicaid Home Health License
ACHC Accredited with deemed status Medicare and Medicaid HHA license available in region 4 (Baker, Clay, Duval, Flagler, St. Johns and Volusia Counties), one of the largest markets in Florida. Excellent opportunity to expand geographic coverage or enter the Florida market. Fully transferable with quick close expected.
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Georgia: West Central Georgia Certificate of Need
This Certificate of Need for a Home Health Agency has been approved for SSRD region 4 (West Central Georgia) including the counties of Carroll, Coweta, Harris, Heard, Meriwether, Muscogee, and Troup. The Medicare eligible population for this area is projected for double digit growth in the coming years. The transaction will require a management agreement to be in place until March of 2023 and operations of the agency will need to commence no later than September 24, 2022.
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Massachusetts: $1.8M Home Health Care Agency
In operation since 2010 this agency is Medicare Certified and accredited by ACHC. They provide services to the Medicare and Medicaid eligible population in the areas they serve. Average census of 170 that consist or 13% Medicare and 87% Medicaid. Majority of services provided are skilled nursing visits for both payer sources and they are approved providers for the bulk (14 in total) of all the MCO’s that offer coverage in the state. The agency currently covers Hampden county but expansion throughout the entire state is possible.
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North Carolina: $1.7M Home Care Agency
Agency has been in operation since 2001 and serves Medicaid, VA and Private Pay clients in western North Carolina. The agency was initially a staffing company and obtained their home care license in 2002. Excellent reputation within the communities they serve as well as with local case managers. On average the agency census is in the mid 50’s with weekly billables in excess of 1,000 hours. Payor Breakdown is 40% Medicaid, 17% VA and 43% Private Pay. Stable referral sources in place and key employees expected to remain on staff following sale.
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