Semi-Absentee Healthcare Business w/ Real Estate & Medicaid Contracts

Description

Residential healthcare business for sale in Southern Iowa with real estate included.

The company was established in 2012 and provides residential and home-based habilitation services for adults with intellectual and physical disabilities.

Services are funded in part through Iowa Medicaid waiver programs.

Financials

• Annual revenue: approximately $1.14 million
• Reported Seller’s Discretionary Earnings: approximately $577,000
• Reported SDE margin: approximately 50.5%
• Three-year revenue growth: approximately 38.8%

Services

• 24-hour supervised residential care
• Daily living assistance
• Medication management
• Transportation coordination
• Behavioral support
• Community-based habilitation services

The business operates from multiple residential properties and an administrative office. The real estate used in the current operation is included in the sale.

The seller states that the residential properties are ADA compliant.

Operations are supported by house managers, regional oversight and office administration.

The company has established policies, staff training systems, documentation procedures and medication management protocols.

The seller reports that the business has consistently received the State of Iowa three-year certification cycle. Buyers should verify current certification status and any requirements related to a change of ownership.

The company currently operates below its previous peak size. At its highest level, it managed six residential homes and approximately 40 employees.

Referral sources include hospitals, case managers and government agencies.

A buyer could add residential capacity, nursing or home health services, therapy programs, respite care or additional Medicaid-supported services, subject to licensing, payer approval and regulatory requirements.

The owner is selling to focus on family and lifestyle priorities.

Any transfer of Medicaid participation, provider agreements, licenses, certifications, resident records and healthcare operations is subject to applicable Iowa and federal requirements.