Transfer of Licenses & Permits in Home Healthcare Industry

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May 15, 2022

by a searcher from Loyola University of Chicago in Chicago, IL, USA

When acquiring a home healthcare business, what is the process of transferring licenses and/or permits successfully? What is the timeframe, and any best practices to speed up the process while making sure it's done properly? Particularly in states within the Midwestern USA.

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Reply by a searcher
from New York University in Orlando, FL, USA
You may want to look into the Change of Ownership (CHOW) process for the particular state your target business is in, as rules are different in each state. I’m going through this now in Florida for an asset sale. You can can also look into 338(h)(10) for a stock sale treated as an asset purchase.
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Reply by a searcher
from University of Wisconsin in San Diego, CA, USA
Time and process can vary by state - Would echo what Shiv has said. Would add that if it’s Medicare certified, it’s important to understand the 855 CHOW process requirements
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