American HealthCare Capital is pleased to introduce a Medicare certified hospice agency for sale based in Arlington, Texas. The company began operations in 2020 and is licensed to service the entire state of Texas.
The company’s sole payer is Medicare, and the company does not participate in Medicaid. Their current average census is 4 patients with an average length of stay under 120 days, and there are no cap issues. The company began serving patients in late 2020 and generated $68,967 in gross revenue with a $35,532 operating profit for the year. In anticipation of an exit, the company is not admitting new patients.
The sellers are looking to retire and pursue other interests, but some of the remaining staff may stay on. The asking price for this opportunity is $350,000.
