Details - Information last confirmed on September 3, 2020
CAHP2P - Medicare Certified, Joint Commission Accredited Hospice in Los Angeles County, California
Our firm is pleased to introduce a Medicare and Medicaid certified Hospice agency for sale in Los Angeles County, California. The company has been in business for nearly 4 years and they are Joint Commission Accredited. They serve Los Angeles County and surrounding counties.
The company’s payer mix is 90% Medicare and 10% Medicaid and private insurance. Gross revenues were approximately $650,000 in 2020, which is lower than usual due to COVID-19. The current census is 15 patients and growing, and revenues are expected to be closer to $1 million in 2021. Their average length of stay is 3-6 months, and they have never had any cap issues.
The staff is expected to stay on, and the seller will assist during a transitional period. The asking price for this opportunity is $750,000.
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