Company Overview
American HealthCare Capital is pleased to exclusively introduce a hospice for sale in Dallas, Texas. The company was established in 2013. They are Medicare and Medicaid certified, as well as CHAP accredited. Their service area spans 42 counties in DADS Regions 3 and 4, but they focus primarily on serving patients within the Dallas-Fort Worth Metroplex.
Payer Mix and Census
The company accepts Medicare, Medicaid, and major insurance plans, but their current business mix is 98% Medicare and 2% insurance. Their average daily census is 16 patients with 3 – 4 new admissions per month.
Financial Overview
Gross revenue was over $1.7 million in 2024 and is expected to be similar in 2025. With their census currently at 16 patients, their going forward run rate will be closer to $1 million.
In recent years, the company has experienced losses but has taken steps to restore profitability by aligning staffing levels with current business needs and reducing various operational expenses.
Staff Overview
The owners would like to retire, but most of the staff are expected to stay on under new ownership. The Administrator and DON will need to be replaced.
Asking Price
The asking price for this business is $750,000, which excludes cash, receivables, and working capital.
