American HealthCare Capital is pleased to introduce a Home Health Company for sale in Wisconsin. The company was founded in 1991 and is Medicare and Medicaid certified. While the company is licensed to operate in the entire state of Wisconsin, it has only been operating in Milwaukee, Washington, Kenosha, Racine, Waukesha, and Ozaukee counties.
The seller has been winding down the business since 2021 in order to pursue other interests, and the company has grossed around $300,000 annually for the past couple of years. It presently has about 4 Medicaid patients. In 2020, the company achieved over $1 million in gross revenue, and the seller feels this level of revenue could be recaptured under new management.
Medicaid accounted for 98% of the business, and the balance was Medicare, insurance, and various state programs. There are contracts, including I-Care, United Healthcare, and others that a buyer could maintain. There is great potential to build on what exists and to expand throughout the state.
There is a limited staff, which may remain with a new owner. The current owner will be available for a transitional period.
The asking price for this opportunity is $250,000.
If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.