Status: Off The Market
The Company is a leading provider of home health and hospice for Medicare patients, private individuals, insurance companies, health maintenance organizations, long-term care facilities, and hospitals. The Company operates in Utah. The Company was incorporated in 2001 by two registered nurses with over 25 years of experience in the health care industry. The Company was Medicare certified the same year. In 2003, the Company expanded its services to offer licensed private pay care provider specializing in geriatrics and offering nurse consulting services for patients in assisted living facilities. In September 2004, the Company received hospice certification and began serving hospice patients immediately.
The Company focuses on three building blocks for foundations of success and growth:
Employee-Friendly Environment: The Company has built a reputation of trust through an employee-based management culture. They treat employees’ needs and concerns with the same attention a patient would receive. This is demonstrated through the Company’s retention rate of approximately 80% and virtually no staff shortages.
Unique Services Offerings: The Company has created strong bonds with the surrounding retirement communities. Through their consulting division, the company provides education, resident assessments, as well as the periodic monitoring of medication profiles. In addition to being a much needed benefit for the senior population, it has also become a powerful marketing tool.
Multiple Service Lines: By offering certified and private home health and hospice services, the Company can demonstrate to patients and referral sources that they can offer a continuum of services in a patient’s home. This continuum allows referring physicians and hospital discharge planners to refer to the Company when their patients have skilled care needs that can care for in the home.
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|Industry:||Home Health Care Services|
|Classification:||United States // Mountain States // Utah // Salt Lake City|
|Location:||Salt Lake City, UT|
|Sales:||Between $2.5 Million And $5 Million (4,855,500)|
|Profits:||Between $500 Thousand and $1 Million (805,000)|
|Profit Type:||Seller's Discretionary Cash Flow (SDCF)|
|Asking Price:||Between $2.5 Million and $5 Million|