$1.7 Million Medicare and Medicaid Hospice based in CA

CA

$1.7 Million Medicare and Medicaid Hospice based in CA
Contact Seller

Asking Price: $1,100,000

Cash Flow: N/A

Gross Revenue: $1,700,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

$1.7 Million Medicare and Medicaid Hospice based in CA

Save Print Share Valuation Report

Business Description

American HealthCare Capital is pleased to introduce a Medicare and Medicaid certified, Joint Commission accredited hospice agency for sale in Los Angeles County, California. The company is strategically located in the San Fernando Valley, which has a high concentration of geriatric patients and referral sources. They have been in business since 2004, and they are approved to service a 60 mile radius from their office.

The company’s payer mix is 80% Medicare, 5% MediCal (Medicaid), and 5% private insurance. The company has contracts with all major insurances, including LA Care, Blue Shield, Humana, United Health Care, and more. Gross revenues were nearly $1.7 Million in 207 with an adjusted EBITDA of over $217,000 (13%), and they anticipate doing about the same in 2018. Their census averages 20-30 patients with an average length of stay of 60 days. A new owner could grow the business by continuing to build on their excellent reputation and implementation of a renewed marketing effort.

The staff is expected to stay on, but the seller would like to retire. The asking price for this opportunity is $1.1 Million.

Detailed Information

Business Website:
http://americanhealthcarecapital.com/listing/cahp2d/
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Irwin Frank

Business Listed By:
Irwin Frank

Irwin Frank

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1671919 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Flirty Girl Lash Studio

Franchise Opportunity
Cash Required: 100000