Company Overview
American HealthCare Capital is pleased to exclusively represent a Medicare and Medicaid certified hospice for sale in the Houston, Texas area. The company was established over a decade ago, and their last survey was completed in 2023 with favorable results. They are approved to service all counties in the state of Texas.
Financial Overview
Prior to 2024, the company was grossing more than $1 million in annual gross revenue. However, they made the decision to reduce the business down to zero patients in 2024 so the seller could focus on other ventures. Their last patient was discharged in April 2024, with their last billing occurring in May 2024.
This is a prime opportunity to acquire a hospice in the greater Houston market with a clean license and provider number and the ability to bill both Medicare and Medicaid.
Staff Overview
A new owner would need to hire their own staff. However, the seller will assist during a transitional period as needed.
Asking Price
The asking price for this opportunity is $350,000.