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Medicare Certified Home Care Agency CHHA
Location: United States -> Pennsylvania -> Philadelphia
Industry: Health and Medical > Other Health and Medical




Business Summary

HOME HEALTH CARE AGENCIES function in all States and are not medical, but rather administrative in nature. Hence, owner need not be a physician/ professional. It is a program that targets the elderly and is reimbursed by MediCare and Medicaid. State actually saves money by not having to pay for the nursing home bed (much more money on the average). THERE IS REALLY NO EXTENSIVE MARKETING INVOLVED, AS YOU ONLY NEED FEW HUNDRED PEOPLE FOR STEADY BASE ENROLLMENT. The participants TYPICALLY use the service 3 TIMES WEEKLY FOR MANY YEARS. As long as they remain part of society, the government saves on long term care options. Currently, more than 22,000 agencies provide home care services to over 8 million clients because of physical disabilities, long-term health conditions, dementia, or terminal illnesses. Spending for home health care has risen from $3.5 billion in 1990 to $36 billion in 1999. Homecare providers deliver a wide variety of health care and supportive services. These can range from professional nursing and home health aide services to physical, occupational, respiratory, and speech therapies. Providers may be for-profit, non-profit (VNAs), or hospital based. ALL ARE IN THE AREAS HEAVILY OCCUPIED BY THE ELDERLY USERS OF THIS SERVICE. Application to the Program may be made directly by the Medicaid recipient, a family representative, or caregiver, the applicants personal physician or other interested parties acting on their behalf. This translates into self referring seniors, versus only those directed by a physician (as with most medical / govt subsidized services). And since they are not paying for it, the service is easy to ''sell''. THIS IS RECESSION PROOF BUSINESS AND USER BASE! WE WILL ANSWER ALL YOUR QUESTIONS AND TRAIN YOU ADEQUATELY FOR YOU TO FEEL SECURE AND COMPETENT. Relocatable to anywhere within state.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Seller is a healthcare attorney in setups business




Print Listing Id: 700187697
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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