, Texas 7 views 0 favorites
Offering a growing therapist-owned and operated healthcare staffing company that provides high quality home health visits for Physical Therapy, Occupational Therapy and Speech Therapy and all related evaluations. This company provides high quality contracted clinical services to numerous home health care companies across the State of Texas on a per visit negotiated rate with each home health company. This company provides therapy services across an impressive geographic footprint, serving most major cities in Texas including Dallas, Ft. Worth, San Antonio, Austin, Corpus Christi, El Paso, and the Rio Grande Valley, a challenging region that they have mastered in South Texas. Due to their market leadership throughout Texas, their customers have asked them to grow and expand coverage to Houston, Texas as well as Orlando and Jacksonville, Florida and New Mexico in 2022. The company has developed outstanding relationships with therapists across the State of Texas and currently has a loyal dedicated team of approximately 200 therapists. All clinical therapy revenue (> 5,000,000 in 2021) is generated by direct billings to home healthcare companies for therapy services performed. There are no patient billings to payor sources. The company achieved an Adjusted EBITDA of > $850,000 in 2019 and 2021 and only incurred a 25% reduction in Adjusted EBITDA in 2020 despite the very adverse impact of Covid on visit counts and cost to perform. Reasons to Buy: Geographic Coverage Levels in Texas Access to 200+ Loyal Clinicians Strong Relationships with High Quality Clients Sustained Margins and Profitability Platform for Growth and Expansion Location: Texas Year Established: 2014 Number of Employees: 200
Listed: Apr 14, 2022
Updated: 17 hours ago
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