- CityNot Disclosed
- State Pennsylvania
- CountryUnited States
Not Relocatable
Real Estate Included
This successful and growing business supplies nurses on a temporary per diem basis to nursing homes, hospitals and private homes in a region covering a large portion of central and eastern Pennsylvania. The companies revenues have been increasing after a weak first half of 2009. They are adding new facility contracts including a major multi-state assisted living company as well as new home health cases. As a result, management believes they are well positioned to maintain, grow and take advantage of an improving economy.
The experienced management team with long standing relationships in the market area has identified numerous opportunities for growth. Included in this are the addition of Medicaid and Medicare billing, home health services and the recently enacted mandation law implemented in Pennsylvania in July 2009. This law prohibits facilities from requiring mandatory overtime.
Management will stay-on with an acquisition partner.
IMPORTANT:
Receipts/Sales and Cash Flow reported are estimates based on 2009 run rates. Actual rates were higher in 2008 and are expected to be higher in 2010.
A detailed Confidential Business Review is available.
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