Home Care Sale *Update: Under Contract*
Asking Price: | $1,550,000 |
Gross Revenue: | $2,140,000 |
Cash Flow: | $352,000 |
Established Year: | 2011 |
Unique HOMECARE Opportunity in PA
Non-Skilled Medicaid Home Care Agency with a significant focus on family caregiving. This well-established agency is known for its dedicated service to Medicaid clients and a solid reputation for quality care within the community.
Key Features:
Established Medicaid Contracts: The agency holds all MCO agreements, positioning it as a trusted partner for local healthcare providers and state-funded programs in Pennsylvania.
Diverse Client Base: Currently serving ~100 active cases (about 9,000 hours), the agency focuses on Medicaid-eligible clients, particularly seniors and individuals with disabilities who require in-home personal assistance.
Experienced Workforce: Employs approximately 120 caregivers, ensuring dependable, compassionate care tailored to the needs of the Allentown area community.
In-House Billing Efficiency: A strong internal billing team adept at navigating Medicaid reimbursements, ensuring reliable cash flow and financial management.
Comprehensive Staffing: The administrative team includes 4 skilled office staff, proficient in billing, payroll, intake, HR, and case management, allowing for seamless operations.
Regulatory Compliance: The agency has a proven track record of compliance, having passed all Department of Health (DOH) audits, meeting stringent regulatory standards.
Buyer Requirements:
Prospective buyers should be existing homecare owners with a willingness to explore consulting and management agreements to finalize the agency acquisition. Additionally, substantial proof of liquid funds is a prerequisite. The sellers will require disclosure of the buyer's homecare or healthcare organization name and location for approval. A meeting or call with the owner is necessary before financial details are shared.
*SELLER only wants to talk to qualified strategic buyers who are already own a homecare business.
Don't miss out on this unique opportunity.