Skilled Nursing Wound Care Management Services
Off-MarketMayfield Heights, OH
Healthcare Services – Wound Care Management For Skilled Nursing Facilities
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$45,000,000
$8,000,000
17.8%
2011
30+ Days
Customers
Primary customers include: Skilled nursing facilities, Nursing homes, Long-term care facilities Services are ultimately reimbursed by Medicare and Medicaid, United Healthcare, Anthem, Blue Cross Blue Shield, Other commercial insurers
Customer Acquisition
Through regional business development teams, territory managers, healthcare industry relationships, facility partnerships, marketing efforts, and referral relationships. The company also pursues larger multi-facility nursing home groups.
Team
Approximately 90 employees, including physicians, nurse practitioners, physician assistants (PAs), regional directors, territory managers, business development personnel, scheduling staff, marketing personnel, and administrative staff. Most providers are W-2 employees with very limited use of 1099 contractors. The company has an established COO, marketing manager, regional directors, territory managers, and an administrative leadership team that could remain after acquisition.
Owner's Role
Owner serves as Founder, President, and CEO. He oversees strategic leadership, growth initiatives, investor discussions, and maintains final decision-making authority for the company.
Reason for Selling
The founder is seeking an exit strategy and plans to retire within the next two to three years.
Contracts
The business operates through facility agreements and payer relationships across several hundred nursing homes.
Real Estate
No. The company operates from a leased corporate office in Mayfield Heights, Ohio, with approximately one year remaining on the lease.
When Are You Looking to Sell
Within 2-3 years.
Licenses Required
Clinical providers must maintain appropriate medical licenses and credentials. However, investors and owners do not require medical licenses to own the business.
Business ID: 1711
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