Home Care & Nursing Agency - Multiple Counties
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Asking Price
$4,500,000
Detailed Information
Business Description
This business is a Licensed Home Care Service Agency (LHCSA) and Consumer Directed Personal Assistance Program (CDPAP) Agency operating in multiple counties including Bronx, Brooklyn, Queens, Manhattan, Staten Island, and Westchester. With 390 active cases as of February 2024, primarily focusing on CDPAP services, the company provides private duty nursing by Registered Nurses (RNs) and LPNs, specializing in elder-specific diseases and conditions. They work with various insurance providers, receive referrals from hospitals and medical facilities, and have a team of approximately 517 caregivers. The company, which had a 2023 Gross Revenue of $8,543,681.00 and Owner's Benefit of $728,559.00, is experiencing significant growth with projected sales of $18,000,000.00 for 2024. The industry demand for their services is on the rise, presenting an opportunity for expansion into nursing cases and the addition of services provided by respiratory therapists (RT