Palm Springs Home Health Care

PALM SPRINGS, California

Asking Price	$1,800,000	Year Established	2002
Annual Revenue	$2,808,936	Reason for Selling	Retirement
Annual P/L		Attention	Ryan Clark
Annual Cash Flow	$255,579	Listing Number	948672
# of Employees	25	Business Category	Services: Senior Living & Care, Assisted Living

Business Overview:

This Palm Springs based home health services company is among the best home health care (HHC) agencies in Southern California. This agency, with Department of Public Health, Medicare and Medi-Cal provider numbers, and contracts with insurance companies (United Healthcare, SouthEast Medical Services, Reliance Hospice, MyNEXUS, IEHP, Healthnet, Anthem Blue Cross of California, 4yourchoice, Kaiser Permanente), is professionally run and has been operational since 2002.  The agency offers skilled nursing care, physical therapy, speech therapy, occupational therapy, social work and nursing aid at patient’s homes.  The current census is 132, which is normal during the summer.  It typically increases to 200-250 patients.  This is the example of how home health care agencies should operate.

Property Features and Assets:

<p>This facility leases for $2,200 per month on a lease until 2026. All of the agency’s furniture, fixtures, equipment, permits and licenses, and company auto will be included in the sale.<br></p>

Market Competition and Expansion:

<p>The Palm Springs home health care market is highly competitive, and features a variety of providers who offer a broad spectrum of services such as skilled nursing, physical therapy, occupational therapy, and medical social services.&nbsp; Major players include locally-focused agencies as well as larger regional or national organizations, with each striving to differentiate themselves through personalized care plans, advanced medical technology, and highly trained staff.&nbsp;&nbsp;&nbsp;<br></p>

Additional Details: