American HealthCare Capital is pleased to introduce a hospice agency for sale in Georgia. This well-established hospice has built an excellent reputation for quality patient care. They provide the full spectrum of hospice care, serving 13 counties in the greater Metro Atlanta area.
This business for sale in Atlanta area\’s payer mix is 90% Medicare and 10% Medicaid. Pre-pandemic, the company was seeing growth with gross revenues north of $3.3 million and a census that peaked near 70 patients. In 2021, they dropped to almost $2.4 million, but they are starting to see an incline back to prior levels. In 2022, they anticipate reaching at least $2.5 million in gross revenues with a current census of 45 patients and a projection to reach 60 patients by the end of the year. A new owner could continue to recapture the market and build upon the company’s strong, existing network of referrals.
There is a full complement of staff available to continue working under new ownership, and the owners will assist during a transitional period.
The asking price for this hospice in Georgia is $3 million.
