$800K Medicare & Medicaid Home Care - Columbus, OH
Medicare & Medicaid Agency; Growth Potential
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Medicare and Medicaid Home Care Agency for sale located in Columbus, Ohio. The company has been in business since 2000, providing both skilled and non-skilled home care services, as well as staffing services throughout the Columbus area. Their services include ADL’s (Activities of Daily Living), transportation services, medication reminders, home keeping duties, Skilled Nursing Care, Physical Therapy, Speech Therapy, Occupational Therapy, Wound Care treatment, and much more.
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The company’s payer mix is 50% Medicaid, 30% Private Insurance, and 20% Medicare. In 2017, the company generated just over $800,000 in gross revenue with an adjusted EBITDA of approximately $157,000 (20%). In 2018 the company expects to generate closer to $1 million. Their current census is currently over 120 patients, and they receive an average of 4 new admissions per month.
All employees are expected to stay on under new ownership. The owner is looking to retire but would be willing to assist during a transitional period.
The asking price for this opportunity is $600,000.
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