$1 Million Medicare Certified Hospice In an Affluent Suburb

CA

$1 Million Medicare Certified Hospice In an Affluent Suburb
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Asking Price: $995,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

$1 Million Medicare Certified Hospice In an Affluent Suburb

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Business Description

American Healthcare Capital is pleased to introduce a Medicare certified, Joint Commission accredited, hospice North of Los Angeles, covering a 60 mile radius spanning both Ventura and Los Angeles Counties. The company has been in business since 2015 and provides both inpatient and outpatient services, as needed.

75% of their payor source is Medicare, with MediCal at 5% and Private Insurance 20%. In 2018, they generated revenue of over $1 million, with a net income of $449,000. The current census is 20 patients with an average length of stay of 104 days and no outstanding cap issues. They also receive 4-6 new admissions per month.

The current staff is available to stay under new ownership. The seller is available to assist during a transition period.

The asking price for this offering is $995,000.

Detailed Information

Business Website:
http://americanhealthcarecapital.com/listing/cahp2j/
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(from currently available funds)
 
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Irwin Frank

Business Listed By:
Irwin Frank

Irwin Frank

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