VEN5290

Texas-Based Licensed Provider of Home Care Services

Southwest US
 

The business provides licensed personal home care to children, elderly or disabled patients in Southern Texas.

Key Aspects:

  • Fully licensed HCSSA Provider in Texas
  • Enrolled as a provider with Medicaid and Medicare government program
  • In-network for every Medicaid-partnered Health Maintenance Organization (HMO) in the region
  • Quickly growing client base, with the business currently providing services for over 400 patients
  • Potential for one entity to relocate anywhere in Texas
  • Successful retention of over 400 employees in an industry experiencing intense competition

    Opportunities:

    • Acquisition of additional licensing in order to expand service area to include other nearby counties
    • Increase brand awareness through a comprehensive advertising campaign targeting the baby boomer population
    • Expand service offerings and revenue to include professional medical assistance with registered nurses
       
       
       
      Year:

      2015

      Internal

      '000

      2016

      Internal

      '000

      2017

      Internal

      '000

      2018

      Internal

      '000

      Turnover4,7295,1314,9645,771
      Gross Profit:1,1841,3211,2581,270
      Adj. EBITDA *478514425243
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited