American HealthCare Capital is pleased to introduce a Medicare hospice agency for sale in Los Angeles County, California. The company has been in business for over 4 years. They are currently licensed to cover a 60 mile radius from their office.
The company’s payer mix is approximately 65% MediCal (Medicaid) and 45% Medicare. Gross revenues were $735,000 in 2015, $438,000 in 2016 and $618,000 in 2017 with a current census of 12 patients. The company has a below average length of stay and no cap liabilities.
The sellers would like to pursue other business ventures but will accommodate a transitional period as needed. The rest of the staff are available to stay on with a new owner. The asking price for this opportunity is $325,000.
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.