“Very skillful in overcoming unexpected challenges.”

Zuhair Qazi
President, Sober Clarity


“Vasilis worked tirelessly to maximize the price of my business and helped protect my interest. ”

Robert Gutierrez
CEO, Brightstar Care Thousand Oaks


“CrossRoads accomplished what two other Brokers before couldn’t. Very professional and skilled in negotiations.”

Jeffrey B. Meltzer
President, Universal Hardwood


“Confidence without ego. impressive knowledge and diverse experience. Solid results quickly.”

Steve Traino
President, Candy Direct, Inc.


“Professional and efficient services with timely information flow.”

George Koutures
President, AMBCO Electronics, Inc.


“An unmatched ability to forge a solid alliance between the parties in a win-win approach.”

Dov Lazarus
President, One Stop Undercar


“Highest professional standards in positioning and promoting the sale of my business.”

Jason Moore
President, Alexis Services, Inc.


“In my 30 years in Commercial Banking, CrossRoads ranks among the best.”

Barry Katz
Vice President, SBA Lending Community Bank


“Finding a Buyer for my size business was like finding a needle in a haystack. CrossRoads did it!”

Tafa Jefferson
CEO Amada Senior Care


“Solid selling process that produced results in a tough market. Highly recommended.”

Kitty Meyers
Owner, Synergy HomeCare Inland Empire


“If there are Buyers out there, the CrossRoads process will find them. They did for my business.”

Dan Goodman
CEO, Eilatan, Inc.


“CrossRoads did an impressive job representing my business. They actually do what they say they will!”

Jack Winn
Owner, Jack Winn Salon


“If you are looking to sell your business, Vasilis Georgiou is the choice: The right knowledge and temperament that get results”

Nayda Poblete
President, Home Instead Costa Mesa


“Very efficient and detail oriented approach. CrossRoads made the transaction smooth and handled every step.”

Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


“The service went above and beyond. Made the process stress free”

Kelleen Corfield
Buyer, Comfort Keepers Laguna Niguel


“Smooth sales process and transition. CrossRoads’ extensive knowledge and experience was a great help!”

Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


“Mr. Georgiou’s professionalism and calm encouragement made all the difference in the world!”

Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


“Thank you for all your diligence and hard work! It would not have happened without you!”

Denis Royer
President, Carpet Club


“Informative, honest, steady, professional, and always supportive. Great Guide.”

Mary and Larry Farmer
Owners, Right at Home of Albuquerque


“Diligent, obviously very experienced. Results-oriented.”

Bruce Sobol
CEO, Brentwood Electrical Contractors


“Vasilis and CrossRoads earned my respect and appreciation and I would recommend him to anyone looking for a Business Broker.”

Dane Gibson
Owner, Amada Senior Care of Roseville


“I'm grateful to have found CrossRoads, and I recommend them wholeheartedly.”

Remy C. Rippens
Owner, Clavel Home Care


“Vasilis Georgiou was the ultimate professional throughout the sale of my business. A+ rating for CrossRoads. And I mean it. :)”

Carol Boettcher
Co-Owner, SpeakerPower, Inc


“Vasilis is a Master of the business sale process. He earned his fee many times over. Best move I could have made.”

Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


“Vasilis “talked me off the ledge” several times along the way with his graceful support. I happily recommend him to anyone who wants to sell their business."

Doug Garrett
President and CEO of Garrett Engineers, Inc.


“We highly recommend CrossRoads and Vasilis. You need an experienced and knowledgeable person to guide you and Vasilis Georgiou is that person!"

Bill and Donna Hoover
Owners, Care4You In Home Care


“CrossRoads made the process very comfortable for us despite making a decision of enormous importance."

Jeff and Reem Hufnagel
HWC Yorba Linda


“CrossRoads worked with efficiency and professionalism and I would highly recommend their service."

Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


“Trustworthy, patient, and responsive. We highly recommend CrossRoads."

Michael and Lori Renaud
Acti-Kare


“CrossRoads is an amazing resource. Highly trusted in complicated situations."

Tarun Bhardwaj
Buyer, Acti-Kare


“Produced results very efficiently and timely. We highly recommend CrossRoads."

Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


“I wholeheartedly endorse and recommend Crossroads Business Brokers as the go to brokerage professionals."

Michael S. Robirds, Owner
Amada Senior Care


“Your deal process and handling of the transaction was top rated."

Peter Chen, CEO
EJK Products


“You have been fantastic to work with and I’d recommend you to anyone looking to buy or sell."

James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


“Thorough and made the experience easy. You were there anytime we needed you."

Bob Purkiss, President
Visiting Angels Lindsay, CA

« Back To Listings

Medicare/Medicaid Home Health in Orlando FL

Medicare/Medicaid Home Health in Orlando FL

Orlando, FL

Under LOI

Price: N/A

Cash Flow: $1,601,688

Total Sales: $8,117,000

EBITDA: $1,452,000

FFE: N/A

Inventory: N/A

Year Established: 1998

DESCRIPTION:

This home health services company was founded on the principles of compassion and quality care. The Company started as a Supplemental Staffing Agency for Health Care Facilities but has since expanded its services and offerings into a Nurse Registry, and eventually into a Medicare/Medicaid Certified Home Health agency. Today, it is employing hundreds of healthcare professionals and highly appreciated by the local community in central Florida.  The focus of the Company is in In-home care for the geriatric population, but also caters to a wide variety of age groups.  It offers RN, LPN, Aide, & Attendant Care. It also provides Wound Care, IV Infusion Care, PT, Occupational Therapy, Speech Therapy, and Medical Social Worker.

The Company has agreements with Medicare Advantage plans, such as, United Health Care, Aetna, Care Plus, Cigna, Freedom, Humana, and Optima, as well as LTC Insurance plans such as, Florida Community care, Molina, Humana, Simply, and Sunshine. 

It has a diverse and unique portfolio of licenses in Florida, including a Home Health license certified by Medicare/Medicaid, a Nurse Registry License, and Supplemental Staffing. Along with a team of long-serving nurses, the Company ensures continuity and consistency in the care provided to its individual patients and healthcare facilities. 

The Company is committed to providing the best quality in-home healthcare. They have a philosophy for hiring and placing personnel that is consistent with their client’s needs. The Company has a long track record of success and a well-established reputation in Orange, Osceola, and Seminole counties.

There is a strong opportunity for expansion into Brevard County (Florida's AHCA Area 7) where 24.6% of the population is 65 years and older (approximately 150,000 people). Other neighboring AHCA areas also present ample room for additional revenue growth.  There is also a tremendous opportunity to grow by accepting traditional Medicare/Medicaid, starting in 2024.  This can have a significant impact on the top and bottom lines. Specialized staff will be needed for billing and coding in order to handle. 

The Company has a dedicated team of Registered Nurses, Licensed Practical Nurses, Occupational Therapists, Physical Therapists, and Home Care Aides who offer personalized care for patients and healthcare facilities.  It offers 24/7 multilingual customer support and intake. Real people on the phone ensure prompt responses to inquiries and reduce missed revenue. Bilingual contractors allow them to serve a diverse range of customers and offer services that are overlooked by competitors.

Key highlights of the business include:

  • More than 25 years of experience in providing top-notch skilled nursing care to home health With a wide range of Payors that accepts most insurances and has a diverse payor base, with ability to select patients according to the best paying insurance providers.
  • The Company employs 15 office staff and 150+ independent contractors (1099), with a profit margin on services provided by contractors ranging from 20-25%. By prioritizing the recruitment of top-tier nurses and caregivers, the Company has built a highly skilled and profitable
  • The Company has a recruitment strategy that prioritizes attracting the best nurses and caregivers, using a multi-pronged approach to hiring that includes recruiting sites, online advertising, and word-of-mouth This patient referral network is unparalleled and sourced from doctors, social workers, healthcare facilities, and hospitals, with patient referral platforms such as NaviHealth and CarePort bringing in most of the new patients.
  • The Company has experienced consistent growth and a 24% increase in 2022 compared to 2021, reaching a record high of $8.117 million in 2023. After a brief pause in 2023, 2024 is expected to see revenue increases along with new opportunities that will come with expanded marketing.
  • Besides the Owner, the office is staffed with Billers/ Collectors, Intake staff, HR staff, QA Nurse, Schedulers, and Business Development. 

The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities.  Seniors who are 65 years and older comprise the primary market for the Company.

The Home Health industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau).  An estimated 70 percent of people over 65 will require Home Health services at some point in their lives.  

The seller is selling for personal reasons but will assist during a transitional period. The Healthcare professionals and staff are available to work with a new owner. 

LISTING DETAILS:
Total Sales: $8,117,000
Cash Flow: $1,601,688
EBITDA: $1,452,000
Reason For Sale:

Retirement

OPERATION:
Year Established: 1998
Employees: 26
SUMMARY:
Competition:

Excellent Positioning

For more information on this listing, please complete our Non-Disclosure Agreement
PLEASE FILL OUT OUR NDA
CONTACT DEAL OWNER

Maurice J Boudreau

Phone: 321-960-1320
Email: mjb@crossroadsbusiness.com
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.