Healthcare · NAICS 621610

Home Health Agency Valuation Multiples (2026)

Medicare-certified home health agencies trade well above non-certified peers. Strong star ratings + payer diversification + caregiver retention compound to 1.6× revenue and 7× EBITDA in deals with PE roll-ups.

SDE multiple
2.4–3.8×
EBITDA multiple
5.5×
4.5–7×
Revenue multiple
1.2×
0.9–1.6×

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Industry: Home Health Agency · Healthcare

Premium drivers

  • Medicare certification with strong star ratings
  • Diverse payer mix
  • Caregiver retention > 70% YoY
  • Geographic density / multiple territories

Discount drivers

  • Single-payer concentration
  • Caregiver turnover > 50%
  • Pending CMS audit findings
  • License-only buyer pool

Who buys home health agency?

Regional home health platform, PE-backed roll-up (Compassus, Aveanna), or a Medicare-licensed strategic

Typical timeline + revenue band

  • Days to close: 120240
  • Revenue band these multiples apply to: $1.00M$5.00M
  • NAICS: 621610 (Healthcare)

5 levers that lift your Home Health Agency multiple by 30-50%

  1. 1
    Lock in recurring revenue
    Convert the top of your home health agency revenue stack into multi-year contracts, retainers, or auto-renewing subscriptions. Buyers pay 25-40% more for revenue they don't have to re-win every quarter.
  2. 2
    De-risk customer concentration
    Aim for no single customer above 15% of revenue. If you have a > 25% client, get them on a multi-year master services agreement before going to market.
  3. 3
    Document the business out of the owner
    Regional home health platform, PE-backed roll-up (Compassus, Aveanna), or a Medicare-licensed strategic will discount aggressively for any function that lives in the owner's head — sales, key vendor relationships, pricing, hiring. Run the next 90 days like the owner is on a 6-week vacation.
  4. 4
    Clean up the financials
    Get a Quality of Earnings-ready trailing 12 months: GAAP-aligned, owner add-backs documented, no commingled personal expenses. This alone moves the multiple 0.5-1.0× upward in this category.
  5. 5
    Match the deal to the right buyer pool
    PE-backed roll-ups, strategic acquirers, and ETA buyers compete on different terms. List with someone who has run a process for home health agency acquisitions — generic SMB brokers will leave 20%+ on the table.
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FAQ — Home Health Agency valuations

What's a typical home health agency valuation multiple?

Typical home health agency valuations land near 3× SDE, 5.5× EBITDA, or 1.2× revenue. Strong operators reach 3.8× SDE / 7× EBITDA / 1.6× revenue, while weaker operators stay closer to 2.4× SDE / 4.5× EBITDA / 0.9× revenue.

How long does it take to sell a home health agency?

Most home health agency deals close in 120–240 days from listing. Strong operators with clean financials and a documented buyer pool close on the lower end.

Who buys a home health agency business?

Regional home health platform, PE-backed roll-up (Compassus, Aveanna), or a Medicare-licensed strategic

What pushes a home health agency valuation to the high end?

Medicare certification with strong star ratings. Diverse payer mix. Caregiver retention > 70% YoY. Geographic density / multiple territories.

What forces a discount when selling a home health agency?

Single-payer concentration. Caregiver turnover > 50%. Pending CMS audit findings. License-only buyer pool.