American HealthCare Capital is pleased to introduce a Joint Commission accredited, Medicare certified hospice agency for sale in Eastern Idaho. The company was Medicare certified in 2010. They are licensed to cover an 8 county area.
The company’s business mix is 90% Medicare, 9% Medicaid and 1 % Private Pay. Gross revenues were $1,483,902 in 2017 and are on track to reach $1.6 Million in 2018. Adjusted EBITDA has been growing each year and was $379,045 (25.5%) for 2017. Their average daily census is 30 patients with an average length of stay of 120 days. The company has an extensive referral base that a new owner could build upon.
The staff is expected to stay on and the owner, while interested in new opportunities, is willing to stay on to help. The asking price for this opportunity is $1.5 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.