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Palm Springs Home Health Care w/Public Health License

Palm Springs, CA
Representation Agreement
Asking Price:$1,800,000
Gross Revenue:$2,808,936
Established Year:2002
Cash Flow:$255,579
Rent:$28,444
Listing ID: 2252405Listing provided by BizBuySell
BUSINESS DESCRIPTION

This Palm Springs based home health services company is among the best home health care (HHC) agencies in Southern California. This agency, with Department of Public Health, Medicare and Medi-Cal provider numbers, and contracts with insurance companies (United Healthcare, SouthEast Medical Services, Reliance Hospice, MyNEXUS, IEHP, Healthnet, Anthem Blue Cross of California, 4yourchoice, Kaiser Permanente), is professionally run and has been operational since 2002. The agency offers skilled nursing care, physical therapy, speech therapy, occupational therapy, social work and nursing aid at patient’s homes. The current census is 132, which is normal during the summer. It typically increases to 200-250 patients. This is the example of how home health care agencies should operate.

DETAILED INFORMATION
Location
Palm Springs, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
860
Employees
25
Facilities
This facility leases for $2,200 per month on a lease until 2026. All of the agency’s furniture, fixtures, equipment, permits and licenses, and company auto will be included in the sale.
Competition
The Palm Springs home health care market is highly competitive, and features a variety of providers who offer a broad spectrum of services such as skilled nursing, physical therapy, occupational therapy, and medical social services. Major players include locally-focused agencies as well as larger regional or national organizations, with each striving to differentiate themselves through personalized care plans, advanced medical technology, and highly trained staff.
Growth & Expansion
Expansion opportunities include leveraging advanced medical technologies, broadening the service offering, and forming strategic partnerships with local healthcare facilities. By maintaining a reputation for excellence and adapting to evolving patient needs, there is ample opportunity for new management to increase market share and to experience long-term growth.
Reason for Selling
Retirement
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Ryan
Clark
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Ryan Clark
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