Overview
This ACHC-accredited hospice agency, strategically located in Los Angeles County (South Bay), presents an excellent opportunity for experienced hospice operators seeking to expand or establish their footprint in California’s competitive and tightly regulated hospice market.* The agency is fully licensed by the California Department of Public Health (CDPH), with a current license valid through May 27, 2027.*
The most recent survey, completed on August 27, 2024, resulted in zero deficiencies and no ADRs.* There are no billing issues to report, and all corporate taxes are current.*
Operations
The business is organized as a California Subchapter S-Corporation and operates from a 700 sq. ft. professional office space leased at $1,300 per month with a five-year lease in place.* The buyer may choose to assume or relocate the operations based on their strategic objectives.*
Service Area
A key highlight of this agency is its expansive, approved Geographic Service Area (GSA), which includes Los Angeles, Orange, Riverside, San Diego, and Imperial Counties.* This multi-county coverage area provides access to large populations, diverse communities, and established healthcare networks.*
Patient Census
The current census includes four active patients.* While patient load is not guaranteed with the sale, the agency offers a compliant operational foundation ideal for buyers with existing referral relationships.*
Compliance
The agency maintains a strong compliance record, evidenced by its recent deficiency-free survey and ACHC accreditation.* Importantly, this agency does not fall under the Medicare 36-Month Rule, allowing a buyer to proceed with a change of ownership (CHOW).*
Transaction Terms
Transaction Type: Asset Sale
Price: All-cash transaction (no SBA 7(a) loans or seller financing).*
Proof of Funds: Required prior to release of confidential information.*
Offers: All reasonable cash offers will be considered.*
Key Highlights
ACHC Accredited and CDPH Licensed*
License valid through May 2027*
Deficiency-Free Survey (August 2024)*
Multi-County GSA: LA, Orange, Riverside, San Diego, Imperial*
Not subject to Medicare 36-Month Rule*
Clean corporate structure and compliance record*
Seller Preferences
1. Possess healthcare experience, particularly in operating a hospice or similar agency.
2. Can provide verifiable proof of funds for the transaction.
3. Have access to patient referral sources and a network of licensed healthcare professionals.
Seller Recommendations
1. Buyer should possess the capability to generate patient referrals.
2. Buyer should have access to the necessary professional team members.
3. It is advised that the buyer engage a professional team (e.g., Medicare Consultant, Accountant, Attorney) to assist with due diligence and review processes.
Buyer Requirements
1. All prospective buyers must sign a Non-Disclosure Agreement (NDA).
2. Proof of Funds (POF) is required from all potential buyers.
Due Diligence
All in-depth due diligence beyond the Confidential Information Memorandum (CIM) will require the Buyer to submit either a Letter of Intent (LOI) or a Purchase Agreement.
Disclaimer
The seller is solely responsible for the accuracy of any information provided. Healthcare Biz Brokers, its agents, representatives, or subsidiaries, make no representations or warranties regarding the accuracy, completeness, or validity of the information shared. Buyers are strongly encouraged to seek advice from their professional advisors (e.g., accountant, attorney, Medicare consultants) and to conduct their own due diligence for verification purposes.
* Buyer to verify due diligence.
Ad#:2433181
