Home Health Care Business in Pennsylvania

Bucks County, PA
listing image
Asking Price:$775,000
Inventory:$20,000
Established Year:2020
Gross Revenue:$950,000
FF&E:$20,000
BUSINESS DESCRIPTION

LISTING ID # 36125

Don't miss out on your opportunity to save time and expense to get into the Healthcare industry. This company offers BOTH Skilled and Non-Skilled Licensee's in the highly desirable Philadelphia and surrounding counties of Bucks, Montgomery, Chester and Delaware. Medicare credential approval process is in the final step of approval! The company is Medicaid approved in ten counties. While the company does not have any direct MCO contracts they can place these clients through a third party. Both Health Partners and Aetna who are entering market 1/25 have been applied to and awaiting final approval. A highly lucrative and profitable contact from a long term insurance company has been acquired which provides longer term referrals. The private insurance company has about 2500 hundred patients. Through the extensive development of strong partnerships with approximately 10 facilities, where referrals from social workers are common, they are currently servicing 10 Medicaid patients and 12 private pay. There are additional Medicaid patients awaiting authorizations. The weekly billing averages between $19,000 - $22,000 reflecting our steady growth and commitment to quality care. Currently there are 28 active caregivers and 20 nurses, with a growing wait list of caregivers awaiting processing. Despite being a young company, the company has demonstrated profitability while prioritizing delivering exceptional care over profits. The Owner has suggested he would entertain conversations of a partnership with a suitable buyer. This is a turnkey, growing, profitable company with licenses, contracts and staffing in place. Do not miss out on this one! Contact the broker to learn more.


DETAILED INFORMATION
Location
Bucks County, PA
Inventory
Included in asking price
Employees
33
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Personal
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd