RSA Level 3 Home Care in Maryland

This agency presents a promising platform and growth opportunity, given its diversified staffing capabilities and focus areas.

Since the majority of billing is not through Medicaid but via LTC and private pay, it caters to a broad client base, which often allows for higher profit margins and flexible service offerings.

The Medicaid model is also an option for growth, as the agency holds a Medicaid contract. However, most of the current cash flow comes from clients paying via LTC.

Growth Potential:
The diversified service lines and billing sources position the agency well for expansion into both complex/skilled and non-skilled markets, with no current marketing efforts underway.

The ability to service as an RSA 3 leaves the door open for providing complex care, including services delivered by RN or LPN, with RN supervision of aides, medication management, and nursing care.

Non-skilled care remains a viable option, along with supporting family members in providing care for loved ones.

Financials:
Revenue: $1,571,969.50
Cash Flow: $504,010.80