Being PERSONABLE makes a clear difference with it comes to establishing a relationship with both patients and within the community. This one-owner skilled home health agency has an established brand with local hospitals and managed care providers. The agency just past its deemed status Joint Commission Survey in May 2019. This practice is ideal for a new home health agency owner looking to own a well-run, healthy agency that is centrally located in a major part of Los Angeles.
The office has an experienced Director of Patient Care Services (DPCS) along with an involved Medical Director. Both of which more than likely will be a part of the transition and maybe a part of the new owner's professional team. The staff is also very well educated and knowledgeable in the skilled home health setting with the agency being known in the community for its Wound Care and its IV Care.
This incredible home health agency is currently situated in a +/- 1500 square foot office space with a $1,200.00 per month month to month rental agreement in place. Situated on a highly transited main street the agency location lends itself to great signage visibility.
This agency has a number of revenue sources to include cash patients, Medicare patients, a number of managed care contracts to include: ALL of the Health Net contracts, Blue Shield, Community Health, a contract with the Regional Center and a number of IPA contracts. The seller also initiated a Palliative Care program though not formally licensed and or implemented. There is also a Medi-Cal license in place for those buyers who may be looking at other forms of revenue streams.
The agency owner and the agency's team are ready to assist the new owner with a healthy transition which would include training on the existing systems within the administrative and clinical components of the agency. The agency owner would be able to begin introducing the new owner to the referral sources to include referring physicians.
The motivation for the sale is due to medical reasons.
There are plenty of growth opportunities for strategic buyers and/or independent buyers. This business is not a franchise.
Seller financing is NOT available. It is imperative that ALL potential buyers: (1) Sign an NDA and (2) Provide Proof of Funds (redacted).
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