NOT DISCLOSED, Colorado
| Asking Price |
$3,200,000 |
Year Established |
2016 |
|
| Annual Revenue |
$2,800,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Jason Atty |
|
| Annual Cash Flow |
$0 |
Listing Number |
1005124 |
|
| # of Employees |
|
Business Category |
Services: Medical, Dental |
|
Business Overview:
Unveiling an exceptional opportunity to own two well-established healthcare agencies in Denver, Colorado. This unique package includes a hospice service with a census of five and a home health care agency with a larger census of 84.
These agencies, licensed in 2016, are recognized by the Joint Commission, a symbol of quality and excellence in the healthcare sector. They are fully accredited and have no cap or ADR’s, providing you with a free hand to take the business to the next level.
The agencies have managed to develop a diversified payer mix including Medicaid, Medicare, United Health Care, Denver Health, Aetna, Private Insurance, Integrated Homecare Services, and Tango. This diversification has helped the businesses to minimize risk and maintain steady revenue streams. The projected 2024 revenue for the home health agency alone is expected to be between $2.7M - $2.8M, with the combined agencies generating a revenue of $350k - $400k.
Located in Denver, the capital of Colorado, the agencies benefit from a bustling urban environment with a high demand for healthcare services. The combined asking price for this lucrative deal is $3.2M.
Cash equivalent to purchase price set aside to invest from currently available funds required
– Healthcare-specific industry experience required –
Property Features and Assets:
<p>This opportunity includes the operational assets necessary to continue providing home health and hospice services without disruption.</p><p>Included Assets & Infrastructure</p><ul><li><p>Active Colorado state licenses for both home health and hospice</p></li><li><p>Joint Commission accreditation for both entities</p></li><li><p>Established Medicare and Medicaid enrollment</p></li><li><p>Contracts with major commercial and managed care payors</p></li><li><p>Operational policies, procedures, and compliance frameworks</p></li><li><p>Existing referral relationships and intake workflows</p></li><li><p>Trained administrative and clinical infrastructure supporting current census</p></li></ul><p>Operational Readiness</p><ul><li><p>Agencies are currently operational and billing</p></li><li><p>No known cap or ADR exposure</p></li><li><p>Established census in both service lines</p></li><li><p>Infrastructure in place to support immediate ownership transition</p></li></ul>
Market Competition and Expansion:
<p>Market Position</p><p>Denver is a mature and competitive healthcare market with consistent demand for both home health and hospice services driven by:</p><ul><li><p>An aging population</p></li><li><p>Strong Medicare utilization</p></li><li><p>Growing preference for in-home care over institutional settings</p></li></ul><p>These agencies benefit from long-standing licensure, accreditation, and established payor relationships, creating meaningful barriers to entry for new operators.</p><div>Competitive Advantages<br></div><ul><li><p>Licenses dating back to 2016</p></li><li><p>Joint Commission accreditation</p></li><li><p>Diversified payor mix across federal, commercial, and managed care plans</p></li><li><p>Existing census in both service lines</p></li><li><p>Immediate operational and billing capability</p></li></ul><div>Expansion Opportunities</div><ul><li><p>Increase census through expanded referral outreach</p></li><li><p>Strengthen relationships with hospitals, SNFs, and physician groups</p></li><li><p>Optimize payer mix and reimbursement strategies</p></li><li><p>Introduce additional service offerings within the licensed footprint</p></li><li><p>Improve operational efficiencies through scale and process optimization</p></li></ul><div>Market Entry Barriers</div><ul><li><p>Licensing and accreditation timelines</p></li><li><p>Medicare enrollment complexity</p></li><li><p>Competitive saturation in the Denver metro area</p></li></ul><p>These barriers favor established operators and experienced buyers capable of scaling existing platforms rather than starting from scratch.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity