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Home Health Agency - Medicaid Approved

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $0
Net Profit / Cash Flow  $259000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1990
Number of Employees  1 - 3
Inventory  $75,000 equipment & $2,000 inventory.
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will remain after closing and supply a long term transitional period.
Reason for Sale  Retirement after many successful years in the business.
Description  New Jersey State licensed accredited & Medicaid approved Home Care Agency providing quality care and assistance to elderly, disabled and patients recovering from illness or surgery. The agency has available 150 home health aides and three internal employees in order to properly service its clients. The experienced staff of Registered Professional Nurses and Home Health Aides is able to assist clients with physical and emotional support in the convenience of their home. This company collaborates with a variety of healthcare professionals to ensure the highest quality of service including Physical Therapists, Physicians, Psychiatrists, Neurologists and their Home Health Aides assist patients with all basic services including physical exercises, light housekeeping and more. Their aides facilitate activities of daily living under the supervision of a Registered Professional Nurse and all caregivers are bonded and insured. An individual plan of care is designed for the patient by a New Jersey licensed Registered Professional Nurse (R.N.) based on medical assessment and patient's need. The Plan of Care addresses medical, physical, social and emotional aspects of patient's needs. The company accepts private payment, long-term insurance, most private insurances and Medicaid. In addition, this home care agency participates in a variety of programs, including CCPED, ACCAP, RESPITE, GLOBAL OPTIONS, JACC, HOSPICE, MCMAP, VNA and HIVHC. In order to maintain the highest standard of care possible the company consistently demonstrates full compliance with New Jersey State regulations and the staff undergo State and Federal screening, fingerprinting, intensive interview process that includes reference verification and skill evaluation.
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