Clean Ready to Bill Home Health Agency in Orange County

We have a ready for CHOW accredited home health agency located in Orange (Orange County). The Seller has owned the hospice since 2015 with its licensure and certification in place. This Corporation comes onto the market with many pluses including an existing lease of $500/month for a 300 square foot office in a great location along with the agency being both CHOW and CHOL ready. The agency will be sold with no debt with all corporate taxes being up to date. The ACHC accreditation dates are from February 25, 2023, to February 25, 2026. The seller is currently using Data Soft Logic (DSL) for their EMR needs. *

TERMS. This will be an all-cash escrow transaction with the Seller not offering a Seller Financing option. The Seller will require that all escrow fees be paid by the Buyer and that the escrow timeframe be scheduled for a 30-day or less time period. *

PRICING. The current price is set at $295,000 USD. Why would the price be different from the LA County market? In essence, there are not too many home health agencies available in the Orange County area, therefore part of the reason is a supply and demand issue. This along with the logistics and time required to relocate an agency from LA County to Orange County may defeat the initial cost savings. This agency is currently operating with its billing in place, its required licensure in place and is ready for scaling.*

MOTIVATION. The seller would like to focus their attention on working as a University Professor as well as some healthcare consulting. *

SELLER PREFERS: (1) Buyer to have healthcare experience in operating a home health agency and (2) Buyer to have the funds available to proceed with a transaction (proof of funds), (3) Buyer to have access to patient referral sources and to registered and licensed nurses. *

SELLER RECOMMENDS: (1) Buyer to have the ability to generate patient referrals, (2) Buyer to have the required professional team member(s), (3) a professional team member (i.e., Medicare Consultant, Accountant, Lawyer) to assist with the due diligence request/review. Healthcare Biz Brokers will assist with the facilitation of the due diligence paperwork, but the broker/brokerage is not responsible for the buyer’s due diligence review. *

ALL potential buyers must: (1) Sign an NDA and (2) provide Proof of Funds. *

DISCLAIMER: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Advisors (a professional advisory group), its agents, representatives, or subsidiaries as to the accuracy, completeness, or validity of such information. Interested parties are encouraged to seek counsel from their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians and/or other business advisors.

*Buyer to verify during due diligence