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Category: Homecare (Medicare) Revenue: $500,000 Location: Phoenix, AZ Asking Price: $460,000
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$500,000 Medicare Agency for Sale in Phoenix, AZAmerican HealthCare Capital is pleased to introduce an opportunity to establish a Medicare Certified Home Health Agency in Phoenix, Arizona. The seller is a large out of state operator who acquired this agency five years ago in conjunction with another southwest agency that has enjoyed its growth at the expense of the Arizona location. The Arizona location has experienced flat sales due to neglect as the owners have not been able to devote the proper management and capital to bring this location and operation to its fullest potential. The company has no deficiencies from its last survey and manages an average census of 30 patients. The company has a full compliment of staff and caregivers and remains profitable with $500,000 in revenue. A new owner would be ideally positioned to mount an aggressive marketing campaign and capture new business. CMS has directed all 50 states to suspend surveys for new provider numbers until the backlog on all other statutorily required surveys (such as "immediate jeopardy" and "actual harm" complaints) has been eliminated. An acquisition of our client's Arizona assets would allow any qualified new owner to bypass the delays occurring in the survey process in order to start billing Medicare immediately. The seller is interested in a quick, all cash transaction. The asking price for the assets is $460,000. If this is an opportunity you would like to pursue, please contact us so we can prepare a confidentiality agreement that will allow us to introduce you to the seller. |