Company Overview
American HealthCare Capital is pleased to represent a Medicare certified, CHAP accredited hospice agency for sale in central Texas. The hospice was Medicare certified in 2017 and provides services in the following counties: Travis, Hays, Bastrop and Caldwell. They are approved to service a total of 10 counties in the surrounding area.
Financial Overview
The agency’s payer mix is 95% Medicare and 5% Commercial and VA. The census averages 16 to 20 Patients. In 2023, the business generated revenues of $1,538,171 and an adjusted EBITDA of $304,490 or 20%.
Staff Overview
The staff is expected to remain with the company post-acquisition, and the owner will assist during a transitional period as needed.
Asking Price
The asking price for this opportunity is $1.2 million.