Description About This Posting: Home Health Agency
We have an opportunity to acquire an established branded skilled home health agency near the City of Milpitas (Santa Clara County). This Community Health Accreditation Partner (CHAP) accredited home health agency has an 8-year proven track record. The agency's next accreditation will be around March of 2020.
The motivation for the sale is that the owners have recent health-related issues. The owners are both healthcare professionals who started, operate/operated their home health agency with compassion for their patients. This agency has only had one owner and it complies with the 36-month rule.
There are no issues with the agency's billing, compliance or other operations.
There is an ongoing census of +/- 15 Medicare insured patients at any given time with the agency having the following managed care contracts available to the new owner: Kaiser, Santa Clara Family Health Plan, Cal MediConnect, Anthem Blue Shield, and Stanford Advantage Plan.
The agency is using DeVero as its software platform.
The current lease is $1,731.00 per month for a 950 square foot office space on a 6 Month lease agreement (Jan-June; June-Dec). Per the sellers, the landlord is very flexible which could make for a nice transition into the current unit and or for a possible change of location (CHOL).
The agency outsources its coding and billing. There is no backed up billing.
The sellers as part of their goodwill are willing to work with the new owner for 20 hours to help with the transition.
It is imperative that all potential buyers: (1) Sign an NDA, (2) Provide Proof of Funds (redacted), and (3) understand that no direct communication with the clinical or administrative staff is allowed as a part of the pre-due diligence phase of the sale.
The sellers would prefer a cash transaction, yet with proper terms in place, financing would be available.
Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors. Cooperation limited to CalDRE Licensees with extensive experience in healthcare business sales.
To get more information about this Home Health Agency business for sale in
Santa Clara County please phone Ralph Santos (Intermediary, Agent - BRE License #:02006120) at 818-731-7173 Cell and 888-736-2911 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #258572 on BizBen.com. In addition to phoning
Ralph Santos, make sure you email Ralph Santos above to get more info about this
Home Health Agency, to ask any questions or request an appointment to see this
business for sale. Thank you.
Related Links And Information Regarding This Posting
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Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
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