Our Company is pleased to introduce a Medicare certified hospice agency located in Southern Texas. The agency has been Medicare certified since 2009, providing a variety of skilled services. Their service area spans 7 counties from their home office.

The company’s payer mix is 87% Medicare, 10% Medicaid, and 3% Private Pay. In 2015 the company generated $2,469,161 in revenue with an adjusted EBITDA of $511,202 (20.7%). The company is on track to generate $2.9 Million in revenue with a comparable adjusted EBITDA (20%). The average daily census for 2016 is approximately 55. The average length of stay is 177 days and they receive 15 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 $2.5 Million.

Posted Oct 18, 2016

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