Listing ID : 1796752
Listed On August 5, 2024 32
Listing Updated August 5, 2024
We have a business opportunity to acquire an ACHC accredited hospice in the growing city of Phoenix (Maricopa County). What makes this agency unique? (1) Agency is operating with a relatively low census (2) family owned (3) seller selling due to relocating out of state; (4) seller is working with an excellent consultant that would bring a wealth of knowledge to the transition; (5) HQRP compliant for HIS and CAPHPS; (6) seller will actively help with the transition; (7) FF&E in place; (8) active billing in place though pre-closing AR will remain with seller; (9) lease is currently at $754/month with the lease expiring on July 31, 2025 with a 3-year option in place, (10) modern and professional website with a professional domain in place.*
This agency was licensed on June 1, 2023, and its ACHC accreditation is active from August 15, 2023, to August 15, 2026, with the agency falling under the 3-year rule. This Arizona corporation was incorporated on September 20, 2019, under one owner and it has 100 total shares. **
GSA. Maricopa County, Pinal County, and Yavapai County. *
MOTIVATION. The motivation for the sale is that the owner is looking at relocating to another state. *
SBA LOAN. The seller will NOT be entertaining any SBA 7(a) loans. *
PRICING. This agency is being priced at the current market rate and it is not based on SDE or EBITDA. *
TERMS. The seller will entertain all reasonable offers. *
SOFTWARE. https://www.hospicemd.com/website/ *
SELLER PREFERS. (1) Buyer to have healthcare experience in operating a hospice and (2) Buyer to have the funds available to proceed with a transaction (proof of funds), (3) Buyer to have access to patient referral sources and to registered and licensed nurses. *
SELLER RECOMMENDS. (1) Buyer to have the ability to generate patient referrals, (2) Buyer to have the required professional team member(s), (3) a professional team member (i.e., Medicare Consultant, Accountant, Lawyer) to assist with the due diligence request/review. *
ALL potential buyers must: (1) Sign an NDA and (2) provide Proof of Funds. *
DISCLAIMER: The seller is responsible for proving the accuracy of any information provided to the buyer’s satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Advisors (a professional advisory group), Ralph Santos, its agents, representatives, or subsidiaries as to the accuracy, completeness, or validity of such information. Interested parties are encouraged to seek counsel from their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians and/or other business advisors.
*Buyer to verify during due diligence
** Recommend third party CAP Analysis
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