Home Health Agency for Sale — Michigan

More home health agencies for sale in Michigan

• Home Health Agency

  Michigan

  In 2023, the company achieved over $125,000 in gross revenue. However, they decided to cease operations in 2024, and there are no longer any active patients or employees. The last patient was discharged in October 2024, which is also when they last billed.

  Asking price

  $150,000

  Listed by American HealthCare Capital (PRIME exits)

• Hospice — Startup Opportunity

  Michigan

  Company Overview American Healthcare Capital is pleased to introduce a turn-key, Medicare-certified Hospice agency based in the greater Flint, Michigan area. They can provide a variety of services, including Skilled Care, Chaplain, MSW, Respite Care, and Home Hospice, and they are licensed to serve the entire state. Their last survey was in September of 2022. They hold contracts with a local pharmacy, DME, and a SNF. The company currently does not have a current census. This is a great opportunity for a company looking to enter the Michigan market. Staff Overview A new owner would need to bring their own staff. Asking Price The asking price for this opportunity is $300,000

  Asking price

  $300,000

  Listed by American HealthCare Capital (PRIME exits)

• Home Health — Startup Opportunity

  Michigan

  PRIME exits and American HealthCare Capital are pleased to introduce a Medicare and Medicaid certified home health agency for sale in Bay County, Michigan. The company was Medicare certified on January 23, 2020, and they are ACHC accredited. They are approved to serve the entire state, but their service area is concentrated in Saginaw, Midland, and Bay Counties. They have contracts with Medicare, BCBSM, Molina, Meridian, and McLaren.

  Asking price

  $150,000

  Listed by American HealthCare Capital (PRIME exits)

• Home Health Agency

  Michigan

  American HealthCare Capital is pleased to introduce a Medicare Certified home health agency for sale in Michigan. This Joint Commission accredited agency was Medicare certified in 2009. They are located in a Northern Suburb of the Detroit Metropolitan area and service9 counties in the surrounding region. The company’s primary payer is Medicare, but they also accept Medicare Advantage, Blue Cross Blue Shield, and Auto No-Fault. Gross revenues have always been in the $600,000 range with an average census in the 30 range. However, the company saw a drop in 2020 due to the pandemic. Business picked back up in Q4 2020, and they anticipate being back to pre-pandemic levels in 2021. The staff is expected to stay and the seller would consider staying on in a lesser capacity. The asking price for this opportunity is $350,000.

  Asking price

  $350,000

  Annual revenue

  $600,000

  Listed by American HealthCare Capital (PRIME exits)

• Private Duty / Personal Care

  Michigan

  American Healthcare Capital is pleased to introduce a non-medical home care agency for sale in Southwest Michigan. The company has been in business since 2006, providing a variety of non-skilled services. Their service area spans over 4 counties in the surrounding area. The company’s payer mix consists of 70% Medicaid Waiver, 20% Private Pay, and 10% other sources. Gross revenues have grown steadily, reaching $2,370,000 in 2016 with an adjusted EBITDA of $542,595 (23%). Ownership is confident there are continued growth opportunities within their current service area and referral sources, as well as through the opening of satellite offices. The sellers are looking to focus on retirement, but are willing to assist during a short transitional period. The staff is available to stay on. The asking price for this opportunity is $2 Million.

  Asking price

  $2,000,000

  Annual revenue

  $2,500,000

  Listed by American HealthCare Capital (PRIME exits)

• Hospice — Startup Opportunity

  Michigan

  American HealthCare Capital is pleased to introduce a Medicare certified hospice agency for sale in Central Michigan. The company was Medicare certified and ACHC accredited as of January 2019. They are licensed to serve 12 counties in Central Michigan. The company’s sole payer is Medicare. They are not approved for Medicaid, but a new owner could easily apply. Their current census is 0 patients. They have served 8 patients thus far, but they have not billed for any patients. This is a clean number ready to be acquired. The seller would like to move on and a new owner would need to bring on their own staff. The asking price for this turnkey opportunity is $325,000.

  Asking price

  $325,000

  Listed by American HealthCare Capital (PRIME exits)