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Businesses For Sale   >>   Long-Term Care Facilities Businesses For Sale

Medicaid Home Aid Agency

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1436753
Net Profit / Cash Flow  $119000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1995
Number of Employees  4 - 5
Inventory  75000 Equipment Only
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  The owner will remain after closing and supply an appropriate transitional period.
Reason for Sale  Owner is retiring after many years of success in this health service industry.

Description  
New Jersey State licensed accredited and Medicaid approved Home Care Agency providing quality care and assistance to elderly, disabled and patients recovering from illness or surgery. The agency has available 80 home health aides and six internal employees in order to properly service its clients. The experienced staff of Registered Professional Nurses and Home Health Aides assist clients with physical and emotional support in the convenience of their home. This company collaborates with a variety of healthcare professionals to ensure the highest quality of service including Physical Therapists, Physicians, Psychiatrists, Neurologists and their Home Health Aides assist patients with all basic services including physical exercises, light housekeeping and more. Their aides facilitate activities of daily living under the supervision of a Registered Professional Nurse and all caregivers are bonded and insured. An individual plan of care is designed for the patient by a New Jersey licensed Registered Professional Nurse (R.N.) based on medical assessment and patient's need. The Plan of Care addresses medical, physical, social and emotional aspects of patient's needs. The company accepts private payment, long-term insurance, most private insurances and Medicaid. In addition, this home care agency participates in a variety of programs, including CCPED, ACCAP, RESPITE, GLOBAL OPTIONS, JACC, HOSPICE, MCMAP, VNA and HIVHC. In order to maintain the highest standard of care possible the company consistently demonstrates full compliance with NJ State regulations and the staff undergo State and Federal screening, fingerprinting, intensive interview process that includes reference verification and skill evaluation.This business has four employees and 80 home health aides who are unaware of the pending sale and fully expected to remain post closing, monthly payroll $77,100


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