Caremax, Inc.
How we got $13.8M
Based on its 194 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 27% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CAREMAX, INC. this business | $15.1M | — |
| ALPHA HOME HEALTH CARE, INC. Oklahoma City · 24 employees | $3.1M | 0.5 mi |
| ALPHA HOSPICE, INC. Oklahoma City · 23 employees | $2.9M | 0.5 mi |
| COMFORT CARE HOME HEALTH, INC Oklahoma City · 10 employees | $1.1M | 0.8 mi |
| GOOD JOUNEY HOME HEALTH, LLC Oklahoma City · 2 employees | $416K | 1.4 mi |
| GOOD JOURNEY HOME HEALTH LLC Oklahoma City · 9 employees | $1.6M | 1.4 mi |
| AMERICAN HOME CARE INC Oklahoma City · 11 employees | $1.7M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 194 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.9M |
| Estimate: the two combined (geometric mean) | $15.1M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $2.2M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $13.8M |
| Multiple for this size and industry | 6.3× |
| Value range | $7.3M – $18.9M |
| Revenue range | $9.9M – $17.2M |
| EBITDA range | $1.4M – $2.5M |
| Industry (NAICS) | Home Health Care Services (621610) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingF & M Bank, Live Oak Banking Company, Byline BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Byline Bank 7(a) 2021, 7(a) 2023 | All 12 borrowers → |
| F & M Bank PPP 2020 | All 379 borrowers → |
| Live Oak Banking Company 7(a) 2025 | All 75 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $618K | 194 |
Public records
| Aug 2025 | 7(a) | $5.0M |
| Dec 2022 | 7(a) | $350K |
| Aug 2021 | 7(a) | $5.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Caremax, Inc.
Caremax, Inc. is a home health & senior care company in Oklahoma City, Oklahoma, in business since 1998. Its estimated annual revenue is about $15.1M, with roughly $2.2M of EBITDA. It has about 194 employees. Its estimated business value is $13.8M (likely range $7.3M–$18.9M).
Common questions
- Who owns Caremax, Inc.?
- The owner of Caremax, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Caremax, Inc. make?
- SeeBITDA estimates Caremax, Inc.'s annual revenue at about $15.1M (likely between $9.9M and $17.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Caremax, Inc. worth?
- About $13.8M, roughly 6.3× its estimated EBITDA of $2.2M, typical for a home health & senior care company its size. Likely range: $7.3M–$18.9M.
- How many employees does Caremax, Inc. have?
- About 194, as reported on its PPP loan.
- When was Caremax, Inc. founded?
- Caremax, Inc. has been in business since 1998.