$45 Million Primary Home Care, Hospice, and Home Health Agency
We are pleased to present a Medicaid and Medicare certified, Primary Home Care, Home Health, and Hospice Agency located in Texas. The company is JCAHO accredited and has a long history of business in the state. Their services include Primary Home Care services, Physical, Occupational, and Speech Therapy, Home Infusion Therapy, Skilled Nursing Services, Wound Care, andassistance with Activities of Daily Living (ADLs). In addition, they offer the full range of Hospice services.
Their payer mix consists of 84% DADS (Primary Home Care), 15% Medicare (Home Health), and 1% Medicare (Hospice). In 2018, annual gross revenues were approximately $39.6 million and in 2019, they generated $42.2 million of revenue. In 2020, from Jan – Aug of 2020, they have generated $26.4 million with an adjustedEBTIDA of $2 Million (7%). The Company has an average daily census of 2,238 Primary Home Care patients, 69 Home Health patients, and 40 Hospice patients.
All employees are expected to remain, and the sellers will assist during a transitional period. If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.
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