Colorado Home Health for Sale
2018 Total Revenue: $413,000
2019 Total Revenue from January – June: $230,000
Year Established: 2012
ACHC Accredited and renewed in April 2019
The agency holds two licenses: Class A (Medical) and Class B (Non-Medical). This agency also has an IHSS (non-skilled) sub-license attached to the Class B License. They are accredited by ACHC and work with Medicaid and Medicare, as well as private pay.
They currently have 8 Long Term Medicaid Home Health clients, 1 private pay client, and 2 ongoing Medicaid Pediatric Speech Therapy Clients. There are also 5 additional Medicaid cases in process pending approval of services. They frequently get short term Medicare referrals as well. All of their current cases are long term cases. They are renewed every year for billing and certification purposes by case managers and Medicaid. These clients have chronic conditions but are young, therefore they anticipate having these cases for many years to come. These cases are fully staffed and most of them by relative CNA providers. Most of their referrals come from hospitals and from a case manager at Single Entry Point agencies from various counties, where they are listed as approved Medicaid and Medicare providers.
They do not do any official marketing; however, they have access to private referral sources.
Counties Covered: Denver, Arapahoe, Douglas, Jefferson, Adams, El Paso
Asking Price: $650K
Reference Number: 25888075
*Contact Jason: 586-632-5616
**Cash equivalent to purchase price set aside to invest from currently available funds required
***Healthcare specific industry experience required
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