What do the profit margins of an investor-backed, private equity group based home health agency look like? We have a good idea now.
Encompass Home Health has effectively put itself out to bid. As The Wall Street Journal reports, the private equity group, Cressey & Co. has made the company available for future investment or complete purchase. Encompass operates primarily in the southwest with headquarters in Dallas. Encompass as expanded through the acquisition of small agencies to the west cost and the east coast with a 1000+ ADC operation throughout New England focusing on providing care to residents of retirement communities.
2013 Revenue: $700 Million
2013 Profit Margin: $70 Million or 10%