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$950,000 Revenue Hospice Agency in the Flint, Michigan Area

State: 

Michigan

Category:

Hospice

Asking Price:

$600,000

Revenue:

$950,000

Listing Code:

MIHP1E

American HealthCare Capital is pleased to introduce a Medicare certified hospice agency for sale serving the greater Flint, Michigan area. The company has been in business since 2015 providing end of life care, pharmacy services, and additional support services. They are licensed for the whole state of Michigan but currently focus on Oakland, Lapeer, and Genesee Counties.

The company’s payer mix is 98% Medicare and 2% commercial insurance. Gross revenues have consistently been in the mid $900,000 range. Their current census is 6-10 patients, and they have never had any cap issues. The owner feels that additional growth could be achieved with more marketing once COVID restrictions are lifted.

The seller is available for a transition, as well as an Intake person, Medical Social Worker and Chaplain. The asking price for this opportunity is $600,000.

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