American HealthCare Capital is pleased to introduce a Medicare certified hospice agency with 2 locations located in Arizona. The company has been in business for over 2 years and their service area covers 6 counties.
The company’s payer source is primarily Medicare driven but also accepts Medicaid and private insurance. Gross revenues are on track to exceed $1 Million as the revenue from the recently opened second location starts to ramp up. In 2016 the average daily census was 18 patients with an average length of stay of 72 days which puts them well below CAP for the year. A new owner can capitalize on the existing infrastructure to continue growing the agency.
The employees are expected to stay on under new ownership and the sellers would be willing to assist during a transitional period. The asking price for this opportunity is $750,000.
