Medicare Certified Home Health Agency in OR

Not Disclosed, OR
Multnomah County

Asking Price: Annual Revenue:
$295,000 $272,275

Services: Senior Living & Care, Assisted Living

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RE: Medicare Certified Home Health Agency in OR Broker: Daren Bucklin

Quick Facts

Asking Price: $295,000
Annual Revenue: $272,275
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $7,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 9
BBN Listing #: 472352348
Broker Reference #: 59071-662286

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Business Overview:

This is a small Medicare Certified Home Health Agency with an unencumbered license located within 60 miles from Portland. The agency has remained small since inception and as a result poses fewer risks and liability for buyers seeking to acquire a Medicare certified home health agency.

This is an ideal opportunity for another Home Health provider seeking expansion in the NW or a related health care service provider planning to diversify their business model and expand home and community-based services to include Home Health. Purchasing an existing Medicare certified home health agency provides an advantage over starting from scratch. It provides a fixed cost and a predictable time frame and allows for billing for services and payment payment from Medicare to occur more timely. Starting a new agency can be costly with a large degree of variable costs and a potential long delay in the ability to begin billing for services. This agency has experienced two surveys and is currently in substantial compliance with state rules and federal CMS regulations. The Medicare 36-month rule would not apply to this transaction; therefore, the Medicare provider agreement and billing privileges will transfer to the new owner.

The agency provides the full complement of skilled services to assist its clients to achieve their highest practical level of care in their home. Professional services include: Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Therapy and Social Work services in accordance with a plan of care as ordered by a physician.
In business for over six years, the owners established this agency to diversify their business model however, they have found their other business has impacted the time and resources they have available to devote to growing the home health services and as a result have decided to sell.

As the area aging population grows and the need for less costly alternatives to hospital and institutional care continues, the demand for skilled home health services has increased. As a small agency that has not had a long history it presents a less risky acquisition opportunity in comparison to a high volume agency with a long look back period.

The newly implemented Patient Driven Payment Model provides challenges and opportunities for all providers. As the population increases and area health plans continue efforts to control costs by lowering hospitalization rates and emergency room utilization, home health will continue to play a role in meeting consumer skilled health care needs at home.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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