American HealthCare Capital is pleased to introduce a Medicare-certified, JCAHO accredited hospice agency with multiple locations for sale in Southern California. The company has been in business for over 20 years and provides all the necessary social functions and medical services for their patients.
The company’s payer mix is 75% Medicare, 10% Medicaid, and 15% Private Insurance. Gross revenues were over $9 million in 2019 and they are on pace to exceed $10.2 million in 2020. Their current total census is 138 patients. With their coveted insurance contracts and referral sources, they are one of the top hospice providers in their service area.
The staff is expected to stay on board under new ownership and the sellers are willing to assist during a transitional period.
The asking price for this opportunity is $9 million.
