🏥 Home health care companies often report strong margins—but do they have the staff to deliver that revenue?

Top red flags in valuations and underwriting:

• Owner is a caregiver, scheduler, and marketer
• No long-term staff contracts or retention strategy
• Non-compliant labor practices (1099 caregivers vs. W-2)
• Goodwill assigned to client relationships tied only to owner

📌 Cash flow without staff capacity is just a promise.