Hot Listing
Personal Home Care Agency for Older Adults – Eastern Ohio
Business Description
Osborne HomeCare Group is proud to present this award winning in-home personal care agency to
qualified investors in search of a highly differentiated, niche platform. Serving clients in Eastern Ohio,
the Company is exceptionally well positioned to tap the growing demand among older and disabled
adults seeking help at home to stay at home.
The Company’s niche is primarily built around under-resourced senior citizens that qualify for Ohio’s
“MyCare” program comprises Passport, Medicaid Waiver, CareStar, CareSource, and United
Healthcare. Reimbursement rates continue to increase as Ohio seeks to attract best in class caregivers
for its low-income seniors. The Company is also a preferred provider for Veterans under the federal
Veterans Affairs (VA) program. Clients also include those who self-pay either out of pocket or with the
help of long-term care insurance, a considerable expansion opportunity.
qualified investors in search of a highly differentiated, niche platform. Serving clients in Eastern Ohio,
the Company is exceptionally well positioned to tap the growing demand among older and disabled
adults seeking help at home to stay at home.
The Company’s niche is primarily built around under-resourced senior citizens that qualify for Ohio’s
“MyCare” program comprises Passport, Medicaid Waiver, CareStar, CareSource, and United
Healthcare. Reimbursement rates continue to increase as Ohio seeks to attract best in class caregivers
for its low-income seniors. The Company is also a preferred provider for Veterans under the federal
Veterans Affairs (VA) program. Clients also include those who self-pay either out of pocket or with the
help of long-term care insurance, a considerable expansion opportunity.
About the Business
- Years in Operation
- 12
- Number of Employees
- 365
- Franchise
- This business is an established franchise
- Facilities & Assets
- 15 highly effective office staffers operate from a fully equipped, centrally located 3,000 square foot office in Eastern Ohio.
- Market Outlook / Competition
- The two segments of Living Assistance Services include in-home care and facility care such as nursing homes and assisted living facilities. More than 95% of seniors in need of ongoing care prefer to age in place at home. Ohio’s MyCare program is a key enabler.
- Opportunities for Growth
- Most high revenue clients are those that live beyond their average life expectancy. The largest segment of the US population is baby boomers. The oldest of these 78 million Americans will reach their average life expectancy in 2025, creating a demand dynamic known as “The Silver Tsunami.”
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The hands-on Managing Owner has obtained vast knowledge and know-how and will be a valuable mentor to the next owner.
Listing Info
- ID
- 2393255
- Listing Views
- 714
Listing ID: 2393255 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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