American HealthCare Capital is pleased to introduce a Medicare certified Hospice and Palliative Care agency for sale in the Phoenix, Arizona area. The company has been in business since 2011 and provides both Hospice and Palliative Care services. Their service area covers a 75 mile radius, which includes Maricopa and Pinal Counties.
The company’s primary payer source is Medicare, but they also accept Private Insurance. Gross revenues were approximately $4.7 Million in 2017 with an adjusted EBITDA of $639,411 (13.6%). They are anticipating growth in 2018, with several lucrative opportunities in the works. The current hospice census is 60 patients with an average length of stay of 42 days, and they receive 15-20 new admissions per month.
The current staff, including the seller, is available to stay on under new ownership. The asking price for this opportunity is $3.2 Million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.