Home Health Agency- Proven Tract Record

We have an opportunity to acquire an organized and certified skilled home health agency ,licensed by Medicare and Medicaid Services (CMS) located in Los Angeles. The agency was begun in December 1992, and it received its initial CDPH (California Department of Public Health) license in December 1993. 31 years proven track record. The motivation for the sale is that the owner is retiring. 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. The agency having the following managed care contracts available to the new owner: Healthnet,Angeles,IPA,BlueSheild CA,Seyner,Med/Innovating Healthcare and United Healthcare Software platform: Billing clearinghouse-Ability Software WellSky Oasis transmission-SHP The current lease is $3500 per month (will end on Nov 2023) for a 1478 square foot office space this is with an additional parking fee of $675. Financials: According to the owner they got a net of $401,254 in 2019,$638,807 in 2020 and $160,364 in 2021. Census: The current census of the agency is at 58 patients, all Medicare. FFE: Office Supplies/Office Medical is priced at $36,500. Liens/Judgements: The agency has no has liens, judgements against it. 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, Medicare consultants, medical billers, medical coders, experienced clinicians and/or other business advisors. Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders). Buyers seeking this business opportunity will be responsible for any commissions sought be their buyerrepresentative. *Buyer to verify during due diligence. Location: California Relocatable: Yes Website: www.healthcarebizbrokers.com