Medicare Certified Home Health Agency – Sold
Price: $885,000
Annual Revenue: $595,186
Net Cash Flow: $302,795
Industry: Health Care
Location: Norfolk County, Massachusetts
This business has been sold. Please view our other Healthcare Companies for sale. If you are interested in selling a homecare business, contact us for a confidential consultation.
This Medicaid-certified home health agency provides nursing, physical therapy, occupational therapy, and home health aid services to clients in the south shore area of Boston. They accept most insurance. Specific services include Wound Care, IV Medication Administration, Oxygen Use Education, and post-surgery care. They also provide VA services for Veterans and Surviving Spouses through the VA Aid and Attendance Program. These services include laundry, Light Cleaning, Food Shopping, Transportation, and Companionship.
They currently serve 30 patients through a staff of 13, including 3 RNs ( Registered Nurses), 3 LPNs ( Licensed Practical Nurses), 2 DPTs ( Doctor of Physical Therapy), 1 PTA ( Physical Therapy Assistant ), 7 CNAs/HHAs ( Certified Nursing Assistants & Home Health Aides), 2 CNAs/HHAs ( work on call or as needed)and Contracted with a Staffing Company are 2 PTAs ( Physical Therapy Assistants), 1 OT ( Occupational Therapist), 1 PT ( Physical Therapist). Referrals come from hospitals, rehab centers, and primary care physicians.
Listing Details
Reason For Sale:
The seller wants to move on to something new.
Training & Support:
The seller is willing to help with a transition to ensure the success of the business.
Operation
Employees: 13
Location
Facilities Information:
The office is leased.
Summary
Potential Growth:
Home Health Care is a growth industry and the Boston Metro Area is a great location. Expansion opportunities exist to expand the referral network of hospitals, doctors, and the VA.