Listing Number: 59071-662286
This is a small Medicare Certified Home Health Agency with an unencumbered license located within 60 miles from Portland. The agency has remained small since inception and as a result poses fewer risks and liability for buyers seeking to acquire a Medicare certified home health agency.
This is an ideal opportunity for another Home Health provider seeking expansion in the NW or a related health care service provider planning to diversify their business model and expand home and community-based services to include Home Health. Purchasing an existing Medicare certified home health agency provides an advantage over starting from scratch. It provides a fixed cost and a predictable time frame and allows for billing for services and payment payment from Medicare to occur more timely. Starting a new agency can be costly with a large degree of variable costs and a potential long delay in the ability to begin billing for services. This agency has experienced two surveys and is currently in substantial compliance with state rules and federal CMS regulations. The Medicare 36-month rule would not apply to this transaction; therefore, the Medicare provider agreement and billing privileges will transfer to the new owner.
The agency provides the full complement of skilled services to assist its clients to achieve their highest practical level of care in their home. Professional services include: Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Therapy and Social Work services in accordance with a plan of care as ordered by a physician.
- Price: $295,000
- Down Payment: $295,000
- Sellers Discretionary Earnings: $0
- Total Sales: $272,275
- Location: Multnomah County, Oregon
- Inventory: $0
- FF&E: $7,000
- Employees: 9
- Year Established: 2013
- Reason for Selling: owners focusing on primary business
- Category: Medical Related Biz