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$11 Million Medicaid Home Care Agency located in South Central Texas

Listing Code:

TXPD1Q

State:

Texas

Category:

Home Care & Home Health

Asking Price:

-

Revenue:

$11,000,000

TXPD1Q

PRIME exits and American Healthcare Capital are pleased to introduce a Medicaid Home Care Agency for sale in South Central Texas. Established in 1999, the company provides non-skilled home care services, including homemaking services and personal care. They are licensed to serve an 18-county area in DADS Region 8. The company’s payer mix is 95% Medicaid and 5% Private Pay. Gross revenues were $10.3 million in 2018 and grew to $10.5 million in 2019 with an adjusted EBITDA $732,429 (6.88%). In 2020, despite the pandemic, they generated just under $10.8 million and an adjusted EBITDA of $732,889 (6.81%). In 2021, gross revenue and adjusted EBITDA are projected to remain flat. Their current average census exceeds 750 patients, and they currently employ over 700 team members. The company bills approximately 65,000 hours per month on average. The majority of the company’s staff are expected to stay under new ownership. The current Owner/Administrator plans to retire but is available to assist during a reasonable transitional period. The seller is open to reasonable offers.

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Listing Code:

TXPD1Q

Listing Title:

$11 Million Medicaid Home Care Agency located in South Central Texas

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Contact the Team

Jack Eskenazi American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

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About us
 

PRIME exits is a registration pending trademark for Nazeri & Company LLCan independent affiliate of American Healthcare Capital. Nazeri & Company, Co. Ltd. is an international subsidiary of Nazeri & Company LLC. We are a merger and acquisition advisory firm focused on the healthcare industry with a network of 50+ M&A analysts and advisors. 

 

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Contact us

 

1-800- 424-3388 HEAD OFFICE

1-310-625-7889 Jack Eskenazi

1-702-506-3392 Dr. Allen Nazeri 

Valuation Team

Jack@ahcteam.com

Allen@ahcteam.com

Allen@pexits.com

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