American HealthCare Capital is pleased to introduce a hospice care agency for sale based in Los Angeles County, California. The company was Medicare certified and Joint Commission accredited in 2018, and they are also approved for MediCal (Medicaid). Services include a full array of hospice services, including skilled nursing, certified home health aides, medical social workers, and chaplains. They currently focus on serving Los Angeles County.
The hospice business’ mix is 100% Medicare. Gross revenues were over $1 million in 2022 with a net income of nearly $190,000, and they expect to do about the same in 2023. Their current census averages around 15 patients. A new owner could rapidly grow the company with an aggressive marketing campaign.
The staff is expected to stay on post-acquisition, and the seller would consider staying on in a part-time capacity if desired.
The asking price for this hospice care business in Los Angeles is $650,000.
If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.