Alabama: $6.3M Home Health Agency
Great as a tuck in or to expand geographic coverage. Gross Revenue: 6.3M Seller Discretionary Earnings 1.4M
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Arkansas: $1.5M Arkansas Home Care Agency
Agency has been in operation and under current ownership since 2010. They provide services to the Medicaid eligible population (including developmentally disabled), VA and third party insurance/private pay market. Strong management and caregiver workforce in place. Management is available to continue if needed and it is anticipated all caregivers will continue employment under new ownership. Great as a tuck in or to expand geographic coverage. FY 2019 Revenues of $1.46M with $180K in SDE’s. Average weekly billable hours of 1,700.
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Florida: $5.7M Home Health and Private Duty Agency
This agency is located in Region 9 and operates out of a single location in Stuart. The license allows for service throughout 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 73% of gross revenues in 2020. 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. CONTRACT PENDING
Florida: $2.9M Home Health and Private Duty Agency
This agency is licensed in District 9 and 10 and operates out of a single location in Del Ray Beach. The license allows for service throughout Broward, Palm Beach and Martin 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 61% of gross revenues in 2020. 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. CONTRACT PENDING
Illinois: $4.7M Home Health Care and Private Duty Nursing Agency
This agency is located in the Chicago Metro area and operates from four locations. The license includes the service area of Cook, DuPage, Kane, Kendal, Lake, McHenry and Will counties and has been in operation by the current owners since 2014. 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 23% of gross revenues in 2020. 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. SOLD
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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Maryland: $2.2M Home Health and Private Duty Agency
This agency is located in Maryland and operates from two locations in Baltimore and Howard counties and has been in operation since 2012. The agency is Medicare/Medicaid Certified and state accredited and provides skilled care along with a private duty/private pay service line which accounted for 90% of gross revenues in 2020. Medicare Certificate of Need (CON) is limited to certain senior living communities in the areas they serve. 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. SOLD
New Hampshire: $2.2M Pediatric Home Health and Home Care Agency
In operation since 1999 this agency provides services to the Medicaid, Medicare and private pay population in southern New Hampshire and the lake regions. The agency has a focus on delivering pediatric private duty nursing service and the bulk of the census is Medicaid. The agency is approved by state MCO programs including Wellsense, NHHF and Amerihealth Caritas. Excellent reputation with case managers and the communities they serve. Strong administrative team allows agency to operate in the absence of the owner. TTM 2020 $2.2 M Gross revenues with $372K in Seller Discretionary Earnings. CONTRACT PENDING
Tennessee: $3.25M Gross Revenue Personal Home Care Agency
In operation for the past 21 years this personal care agency covers the middle Tennessee market. The census is 100% is non-medical private pay/long term care insurance. Excellent administrative and caregiving staff will provide for a “turn key” transition. Extremely well organized agency with annually updated operational, polices and procedures, and training and employee manuals. This is a rare opportunity to acquire a private pay agency of this size and location providing these services. SOLD
Texas: $1.3M Gross Revenue Home Health and Private Duty Agency
This agency is located in Region 3 and operates out of a single location in Dallas. In operation since 1984 this Medicare and Medicaid Certified and ACHC accredited agency provides skilled care along with a robust private duty/private pay service line which accounted for 50% of gross revenues in 2020. Key employees are available for continued employment as needed. This is a non-franchised corporate owned agency that is interested in divesting this asset to focus on other core service and product offerings. SOLD
Texas: Region 3 License Only
The license covers all of Region 3 including the entire Dallas/Ft. Worth Metro-Plex in addition to all counties located in the covered region. This is an excellent opportunity for a Home Care provider of non-skilled services to expand service offerings or for an existing Home Health agency to expand their geographic footprint. Continued growth in this market is expected and the recent events related to COVID have sped up the demand for in home health services vs facility based care. SOLD