Licensed Medical Home Health Care
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Seller is a healthcare attorney in setups business
Description Medical Model Homecare License is of a great value as it takes over a year (sometimes a few years) and $ in legal documents preparation, staffing, space, accounting, Policies and Procedures Manual approvals. Agency had also undergone State Department of Health site surveys, along with inspections of the Policies knowledge by its core staff. While agency has no current patients under its care, the Medical Model License allows for various health care services to be performed and billed for with Private Insurers. In order to become Medicare Certified, Buyer has to accept only 10 Patients as per clinical Policies included in this sale.Relocatable to anywhere within state. Currently located in a corporate complex with secretarial and shared conference room at $700/month.
Support/Training: Agency is anchored by a highly experienced administrator, and director of nursing at very reasonable compensation packages. either one or both may remain, at buyer's discretion and will be able to accommodate the operational learning curve.
Competition: Since this is a medical model of home care agency, none of non medical models may compete. Demand on home services to the elderly is on the up rise.
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