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 (UNDER LOI)
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.
Massachusetts: $2.2M Home Health Care Agency
Agency has been in operation since 2015 and is Medicare and Medicaid certified and CHAP accredited. Excellent administrative and caregiving staff which is expected to stay onboard following sale. Bulk of census is Medicaid waiver patients receiving skilled care in Essex and Middlesex Counties. Current moratorium for Medicaid has been extended to August with a chance that this will be extended. Currently a purchase is the only way to enter this market for a new owner.
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Massachusetts: $1.8M Home Health Care Agency (UNDER LOI)
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.
North Carolina: $1M Home Care Agency
Agency has been in operation of 18 years and is licensed for personal care services as well as IV infusion services. Covers the most populated metroplex of the state which includes the counties of Mecklenburg, Iredell, Wilkes, Alexander, Catawba, Rowan, Davie and Yadkin. Bulk of current revenue is CAP Services (64%) and PCS (29%) focused in Iredell County. Plenty of growth opportunities by expanding services to other covered counties along with marketing the IV services. Agency can and does operate without any day to day oversight of the owner.
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North Carolina: $1.7M Home Care Agency (UNDER LOI)
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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