$6.3 Million Home Health and Hospice Agency
We are pleased to present a Medicare certified, CHAP and state-accredited Home Health and Hospice provider for sale located in Houston, Texas. The company has been in business for over 10 years and provides services that include Skilled Nursing, Social Workers, and Nursing Aides, and they have a specialty focus on Wound Care, Post Surgery, and a variety of Therapies. They currently serve the entirety of the Texas State Department of Health and Human Services Region 6.
In 2018, the company generated a total of $4.3 million in combined revenue with anadjusted EBITDA of $579,344 (13.35%). In 2019, they experienced continued and significant growth, generating a total of $6.3 million in combined revenue with an adjusted EBITDA of $954,400 (15.03%). Their Home Health operation has a payor mix of 56% Medicare and 44% private insurance, and their Hospice operation has a payor mix of 95% Medicare, 4.5% Medicaid, and 0.5% other.
All employees are expected to remain within the operation, and the owner is willing to assist during a transition.
The asking price for this opportunity is $5 million.
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