American HealthCare Capital is pleased to introduce a CHAP accredited hospice agency for sale in East Texas. The company has been in business for over 4 years. Their service area spans DADS Region 6, which includes 13 counties.
The company’s payer mix is 80% Medicare and 20% VHA (Veterans Health Administration) patients. Gross revenues were $274,000 in 2016 and are on track to be $400,000 in 2017 with a current census of 6 patients. Their average length of stay is 180 days and they have no cap issues.
The staff is expected to stay on under new ownership, but the sellers would like to retire. The asking price for this opportunity is $400,000.
