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Asking Price: $975,000

Medicare Certified Home Health Agency in San Diego

Not Disclosed, CA
San diego County

This Home Health Agency has a 10-year history specializing in providing in-home skilled nursing care, physical therapy, occupational therapy, speech therapy, home health aide services, and medical social services to patients in the San Diego area.The Company is serving hundreds of patients annually with 24 employees and two contractor relationships. Majority of patients are over the age of 65 residing in the San Diego area, recovering from surgery and other illnesses. The Agency is licensed by the State of California and Medicare Certified and Accredited by the Accreditation Commission for Health Care (ACHC). Achieving accreditation is a process where healthcare organizations demonstrate compliance with national standards. Accreditation by ACHC reflects an organization’s dedication and commitment to meeting standards that facilitate a higher level of performance and commitment to quality patient care. The Business has a variety of Professionals who can be sent to the home, including:- Registered Nurses (RNs) who provide skilled assessment, evaluation, intervention and medically prescribed treatment.- Licensed Vocational Nurses (LVNs) who work under a physician’s order and RN supervision, administer medication and treatment, and assist the patient with returning to independent activities of daily living.- Certified Home Health Aide providing personal care.- Physical Therapists (PTs), Occupational Therapists (OTs), Speech Therapist (ST),- Medical Social Worker (MSW) who help connect patients to community resources, provide counseling services, develop appropriate support systems, provide psychosocial assessments,- Arrangements for durable medical equipment is made according to the special needs of the patient.In addition to the Owner/Admin, the office is staffed with an Intake Nurse, Office Assistant, Wound Care Coordinator, Account Executive, and Director of Patient Care Services. The staff is expected to stay on, and the seller will assist during a transitional period.The Agency’s payor mix is 90% Medicare, and 10% Medicare Advantage PPO (Aetna and United Healthcare). This Agency has an excellent reputation for delivering exceptional care and providing responsive customer service. Over the years, the Agency has developed solid referral relationships with professionals within the health care industry and surrounding senior communities. The service market includes several large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. Seniors who are 65 years and older comprise the primary market for the Company, as well as the San Diego area Hospitals.The Home Health industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau). An estimated 70 percent of people over 65 will require Home Health services at some point in their lives.

Cash Flow $272,000
Revenue $1,523,000

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