Scalable 5 Year, Medicare Paid, Licensed Home Health Care Provider. The Buyer
does not need health care experience and can hire a Director of Nursing/Case
Manager to handle the licensed and clinical duties. The Buyer should have
business management experience.
Owner is selling because they are leaving the
state.
This is a 99% Medicare paid licensed health care business that provides care
direct-to-Patient’s home. Part-time or intermittent skilled nursing care,
Part-time or intermittent home health aide care, Physical Therapy, Occupational
Therapy, Speech language pathology services, Medical Social Services.
A new
Owner with Business development experience can readily scale this business by
establishing referral sources at Hospitals and Doctor offices.
Baby Boomers are aging thereby providing a growing demand for health care
services and Medicare paid services, Home Health Care offers a lower cost and
more convenient “at home” service for those patients who only need part-time or
intermittent care.
The business has about 15 W-2 employees that include, Registered Nurses,
Licensed Vocational Nurses and Certified Home Health Aides.
The Employees are
home based and provide their own transportation. The Business serves, Los
Angeles Count, Ventura County, orange County and Riverside County.
Medicare Payments and Employee Payments are on a “per visit” basis thereby
locking in Profit Margins that are not subject to hourly labor cost overruns.
The employee pay includes their transportation costs. Medicare pays via bank
wire monthly on the 14th for the previous month.
The business has an approximately 900 sq feet office in Los Angeles with rent
about $2,400 per month.
The business is licensed by the State Home Care Services
Bureau (HCSB). It has a “clean” license with no infractions. The office can be
relocated within Los Angeles County.
SBA Loan possible.