American Healthcare Capital is pleased to introduce a Medicare certified, Joint Commission accredited, hospice North of Los Angeles, covering a 60 mile radius spanning both Ventura and Los Angeles Counties. The company has been in business since 2015 and provides both inpatient and outpatient services, as needed.
75% of their payor source is Medicare, with MediCal at 5% and Private Insurance 20%. In 2018, they generated revenue of over $1 million, with a net income of $449,000. The current census is 20 patients with an average length of stay of 104 days and no outstanding cap issues. They also receive 4-6 new admissions per month.
The current staff is available to stay under new ownership. The seller is available to assist during a transition period.
The asking price for this offering is $995,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.