Description

Our company is pleased to introduce a Medicare certified hospice agency located in the Greater Oklahoma City, Oklahoma area. The agency has been Medicare certified since August 2010, providing a variety of skilled services. Their service area spans a 50-mile radius from their home office.
The company’s payer mix is 98% Medicare 2% Private Pay. In 2015 the company generated $2,635,434 in revenue with an adjusted EBITDA of $472,849 (18%). The company is on track to generate $2.7 Million in revenue with a comparable adjusted EBITDA. The average daily census for 2016 is approximately 50 patients.
The average length of stay is 90 days and they receive 8 new admissions per month.
The sellers would like to pursue other endeavors but would be willing to assist during a transitional period. The rest of the staff is available to stay on under new ownership.
The asking price for this opportunity is $2.2 Million.

Posted Oct 7, 2016

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