American HealthCare Capital is pleased to introduce a Medicare Certified hospice agency for sale in Houston, Texas. The company was established in 2016 and began billing in 2017. The hospice was previously located in Dallas before being moved to Houston in December of 2018. Their service area includes the following counties: Collin, Denton, Hunt, Kaufman, Grayson, Hill, Dallas, Ellis and Johnson.
The company’s primary payer source is Medicare, but they also accept Medicaid and private insurance. Gross revenues are on track to exceed $400,000 with an average census of 6-8 patients, and they are under cap for 2017. The company has been actively marketing the business and anticipates that both census and revenue will continue to exhibit positive growth trends. The majority of staff are willing to stay on with the new owner.
The asking price for this opportunity is $350,000.
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.