Dual licensed HOME HEALTH CARE AGENCY licensed in Palm Beach and Broward Counties. Establish 30+ years. Fully staffed with both management and in field caregivers. Licensed as an agency but serves primarily long term care patients with non medical caregivers.
• Long-Standing Brand – Founded in 1980s, company is a private duty home healthcare agency that is licensed by AHCA to operate in regions 9 and 10 in Florida (Southeast FL) .
• Primary payers are Private pay and commercial Long-Term Care (LTC) insurance.
• Long-Tenured Caregiver Relationships – Long-established relationships with a reliable pool of 230 caregivers.
• Extensive Referral Relationships – With marketing channel partners, long-term care (LTC) insurance brokers, adult guardianship agencies, and hospital discharge departments.
• New Operational Infrastructure – Owner has automated and revitalized the company’s operational processes. All paper-based operational processes (EHR system, plan of care, time sheets, billing, accounting, etc.) have been replaced with web-based software solutions.
• New and Impactful Referral Relationship: New referral relationships brought in at the beginning of 2024 produced current census of ~55.
• Attractive Financial Profile for Strategic Acquirer – Owner has implemented new pricing policies to increase rates in 2023, as well as overhead cost reductions such as rent expense and telecom, maintaining 38% gross profit margin.
• Primed for Growth – The new infrastructure will allow scalability and aggressive growth of without a near-term need for additional support staff.
Please contact the listing broker, Tom Jones, for additional information. His number is 954 608-8661.