Listing Details:

• Business Category:        Medical Related Biz      
• List Price:                           $302,200
• Sold Price:                        $450,000
• Location:                            Iowa
• Employees:                       17
  
• Support & Training:      8 weeks 
• Reason for Selling:        Retirement
• Non Compete:                 200 Miles for 5 Years
  

Business Description

This Medicare Certified and CHAP Accredited HHA provided a unique opportunity at a great price!

Long-established with a strong reputation, this CHAP-accredited, Medicare Certified home health care agency was a trusted provider in the community. Diversified in VA and Medicaid, the business had low Medicare utilization and offered flexibility and growth potential in multiple segments.

The agency was turnkey and fully staffed, with established systems, processes, and a management team in place. It was well-positioned for immediate cash flow while offering expansion opportunities.

Highlights:

• Medicare Certified & CHAP Accredited
• Medicare License free from sanctions and no restrictions
• Zero ADR's in the last 5 years
• Low Utilization Medicare Cost Report
  
• Long-standing reputation for quality care
• Strong VA and Medicaid payer relationships
• Turnkey operations with experienced staff
• Multiple growth avenues were available

Number of Employees

• 2 FT Managers
• 8 Full Time
• 6 Part Time
• Total: 16

Services Offered

The agency’s primary focus was on VA and Medicaid clients, which resulted in longer-term care needs, more predictable schedules, and consistent revenue streams. They also cared for Medicare clients.