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- RE: Home Health Agency Medicare & Medicaid-Certified- Central Ohio
- Contact: Jim Kegelmeyer
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-57704 | |
Broker Reference #: | COLUMOH002-57704 |
Business Overview:
Once a multi-million-dollar agency, CarePartners Home Health has discontinued operations following the owner’s retirement. However, with active Medicare and Medicaid certifications, established systems, and comprehensive compliance procedures still in place, the agency can be quickly reactivated and resume operations. The business continues to receive Medicaid referrals, underscoring ongoing market demand. CarePartners represents a turnkey acquisition for an entrepreneur, healthcare operator, or strategic buyer seeking to enter or expand in the home healthcare industry. With proven infrastructure, strong certifications, and a favorable market, this opportunity provides an immediate platform for growth in one of the fastest-growing healthcare sectors. CarePartners Home Health, Inc. was originally founded in 1995 by a registered nurse and has served the Central Ohio healthcare community for more than 30 years. The agency built its reputation on providing compassionate, high-quality care and consistently demonstrated strong compliance performance. Over the years, it provided a comprehensive range of services, including skilled nursing, physical therapy, occupational therapy, speech therapy, medical social services, home health aide support, wound care, and assisted living partnerships. At its peak, the agency operated as a multi-million-dollar business with a payer mix dominated by Medicare (80–90%) and supplemented by Passport, Senior Options, and BWC programs. Operations and assets include a modest office in East Columbus (leased at $700/month and assumable), ergonomic workstations, comprehensive policies and procedures updated every 3–4 months, and a fully implemented EMR and billing system (AXXESS) that is transferable to a buyer. Compliance has historically been a strength, with no citations in CMS surveys for more than a decade. Ohio’s home healthcare sector exceeds $5 billion annually and continues to grow, driven by an aging population, the demand for cost-effective care, and supportive reimbursement policies. National home health spending increased 10.8% in 2023 to $147.8 billion, with overall U.S. health spending rising to $4.9 trillion and projected to grow 7–8% annually through 2025. Central Ohio, anchored by Columbus, represents one of the most attractive regions for expansion, with its rapidly growing senior population, strong hospital systems, and ample healthcare workforce. Acquiring CarePartners allows a buyer to bypass the 12–24 month licensing and startup process, providing immediate entry into a high-growth industry. Buyers will gain: Active Medicare and Medicaid certifications A fully implemented EMR and billing platform Comprehensive compliance manuals and policies A well-established reputation and brand recognition Transition support from the retiring owner and long-time billing partner Growth opportunities include reactivating operations, expanding payer sources (private duty, hospice, Passport, Senior Options, BWC), building and formalizing referral networks with assisted living facilities and physician groups, and adding new service lines such as hospice, expanded therapy, or wellness clinics. With Medicaid referrals still coming in, a buyer can leverage existing demand to quickly resume operations and scale the agency back to its historical multi-million-dollar performance. The seller is retiring but remains committed to supporting the new owner with consulting, training, and introductions to ensure a smooth handoff. The agency’s long-time billing partner is also available to continue, offering continuity in a critical operational role. This is a turnkey acquisition for an entrepreneur, healthcare operator, or strategic buyer looking to enter or expand in the home health care industry. With certifications, systems, compliance infrastructure, and market demand already in place, CarePartners Home Health provides a rare platform for immediate growth in one of Ohio’s fastest-growing healthcare sectors.
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Property Features and Assets:
CarePartners Home Health, Inc. operated for decades from a professional office in East Columbus, conveniently located just inside the I-270 loop on Route 161. The office provides both accessibility for staff and proximity to the region’s major hospital networks and assisted living communities, making it an ideal hub for future operations. The leased space is modest yet fully functional, with a monthly lease rate of approximately $700. The suite includes three ergonomic workstations, a dedicated storage room for files and supplies, and access to a large shared meeting room. The lease is flexible and assumable by a new owner, minimizing transition costs and providing stability for reactivation. In addition to the physical space, CarePartners maintained significant intangible and operational assets that are critical to restarting operations. A comprehensive set of policies and procedures manuals, updated every three to four months, provides a ready-made compliance framework. These manuals align with Medicare, Medicaid, and state regulations and will be transferred in full to the buyer. The company also invested in the AXXESS electronic medical records and billing system, which is fully transferable. This software platform supports patient documentation, scheduling, compliance tracking, and billing, allowing a buyer to manage the business efficiently from day one. Complementing the EMR system is the agency’s long-standing billing partnership: a dedicated biller with more than 18 years of experience who has expressed willingness to continue under new ownership, offering critical continuity during transition. CarePartners’ intangible assets are among its most valuable. The agency retains an active Medicare certification and a pending Medicaid renewal, eliminating the need for a buyer to navigate the lengthy 12–24 month startup licensing process. Together with its compliance systems and established reputation in the healthcare community, these assets provide a foundation that allows a buyer to quickly resume operations and scale. Finally, CarePartners benefits from its brand equity—a name that has been respected in Central Ohio for more than three decades. While operations have been paused due to the owner’s retirement, the agency continues to receive Medicaid referrals, underscoring the enduring recognition and demand for its services. In summary, the facilities and assets being transferred in this acquisition include: Office Space: East Columbus location
Market Competition and Expansion:
The home healthcare industry in Ohio is both large and expanding, driven by an aging population, demand for lower-cost alternatives to institutional care, and continued support from Medicare and Medicaid reimbursement programs. Ohio’s home health market exceeds $5 billion annually, and spending is expected to increase as demographic trends continue. By 2030, more than 2.3 million Ohioans will be age 65 or older, with the 85+ population projected to grow nearly 25% by 2050.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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