Company Overview
American HealthCare Capital is pleased to exclusively introduce a hospice for sale in Central Pennsylvania. The company has been in business since 2010 and has been operated by the current owner since December 2022. They are Medicare and Medicaid certified, as well as ACHC accredited. Their service area covers the counties of Columbia, Montour, Northumberland, Schuylkill, Union, Lebanon, and Snyder.
Financial Overview
The company’s current payer mix is nearly 100% Medicare. Their current average daily census is between 11 and 14 patients with an average length of stay of 113 days. In 2024, gross revenue was $623,000 with a loss. They expect to see gross revenue grow to $700,000 plus for 2025. There are many opportunities for growth, especially to penetrate the ALF community, which the company has not done yet and provide additional marketing.
Staff Overview
There is a full complement of staff that is expected to stay on post-acquisition. The current owners, who are not involved in the day-to-day business, will ensure there is smooth transition provided for the new ownership. The owners are selling it to concentrate on their other non-hospice operations.
Asking Price
The asking price for this opportunity is $550,000, which excludes cash, receivables, and working capital.
