Medicare Medicaid Home Health Care Business In Columbus For Sale

Business description

Medicare/ Medicaid certified Home Health Care Company based in Columbus, Ohio. First full year of operations in 2009. Business has grown rapidly. Currently, business is doing $2.5 million in sales with 95% of that being Medicaid reimbursement. Business is split with about 40% being professional reimbursement (Nursing, OT, PT, and ST which is outsourced), and 60% being non professional aide reimbursement. Current census is about 160 patients. Current caregivers number about 70.

Strong office staff of 5 has been developed with most having over 5 years experience in home health care. This will provide a very smooth transition for a new owner. Significant growth is being projected with Medicare certification in place, insurance reimbursement, and private pay opportunities with marketing being ramped up for growth in those areas.

Current adjusted cash flow is $250,000 with lots of growth potential. Asking price for this opportunity has been reduced to $550,000 and does not include receivables. For more information please contact:

Greg Hedgebeth, Hedge Financial Corp.

Property information

Real Estate:

Lease