$14 Million NYC Licensed Health Care Services Agency For Sale

American HealthCare Capital is pleased to introduce a very well established Licensed Health Care Services Agency that has been providing private duty homecare services to the New York City area for over twenty years. The company provides a comprehensive range of services for a wide variety of payers including Medicaid, private insurance, workers' compensation and private pay. They also subcontract with Medicare Certified Home Health Agencies to provide aides as needed.

The hallmark of the agency is quality. Their score of 96 in a recent JCAHO survey is indicative of the standard of care they provide. They pride themselves on their retention of both caregivers and clients, many of whom have been with the agency for many years. In addition to the direct provision of care, the agency provides Case Management to ensure that each client receives appropriate care and to promote continuous communication between caregivers and their supervisors. All caregivers are screened and trained by the agency before they are allowed to work with clients and provided with continuing education and annual competency evaluations to guarantee that their skills are always maintained at the highest level. The New York Department of Health has approved the agency to provide training in English, Spanish, Chinese, Russian, and Yiddish, thus they have a steady supply of bilingual aides at all times. The agency also solicits valuable feedback by asking clients to submit anonymous satisfaction surveys that are designed to help the agency identify and solve potential problems as early as possible.

The agency earned over $2.5 Million in 2008 from revenues of about $13 Million. The operation is very stable and the current run rate is incrementally higher this year. This is an excellent platform for any qualified operator who wants significant penetration into the largest market in the country. The asking price is $8 Million, all cash. If you would like to learn more about this opportunity, please contact us for a confidentiality agreement that will allow us to share more information.