Description

Our company is pleased to introduce a Medicare certified hospice agency located in Oklahoma City, Oklahoma. The company has been Medicare certified since 2004 and their service area spans a 50-mile radius from the home office.

The company’s payer mix is primarily Medicare driven but they also accept insurance and private pay. The company is projected to gross $850,000 in revenue in 2016 and will continue to see growth into 2017. Their current census is 18 patients with an average of 5-6 new admissions per month. A new owner can capitalize on the existing infrastructure to continue growing the agency.

The majority of employees are expected to stay on with the new owner. The current owners are looking to divest in order to focus on other business ventures but would be willing to assist during a short transitional period.

The asking price for this opportunity is $750,000.

Posted Oct 26, 2016

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