Illinois Home Health For Sale

Description

Established home health agency for sale in Chicago, Illinois.

The agency has been operating for more than 36 months. The seller states that it is exempt from the Medicare 36-month ownership-change restriction. Buyers should confirm the agency’s status and applicable change-of-ownership requirements directly during due diligence.

Financial overview

• 2024 revenue: $835,441.44
• 2025 revenue: $849,746.48
• Current census: approximately 70
• Asking price: $600,000

The agency serves Cook, DuPage, Will, Lake, Kendall, McHenry and Kane counties.

The listing states that the agency currently accepts Medicare along with Zing, Wellcare and Meridian. All payer contracts and participation agreements should be reviewed for transfer or change-of-ownership requirements.

The agency is described as state accredited. Buyers should verify the current license, accreditation status, Medicare certification and any outstanding surveys or corrective actions.

Healthcare industry experience is required for the buyer.

The seller requires available funds equal to the purchase price as part of buyer qualification.

Buyers should verify census by payer, historical financials, reimbursement rates, referral concentration, staff and clinician arrangements, accounts receivable, outstanding audits or recoupments, payer contracts, accreditation, licensing, Medicare enrollment and all federal and Illinois change-of-ownership requirements before closing.

Reference number: 6281623739.