Medicare hospice and palliative care for sale in the Dallas, Texas area. This agency was built from the ground up with a unique commitment to enhance the quality of life for persons with limited life expectancy due to life-threatening illness. It provides a full range of services including pain management, physical, psychosocial and spiritual support. Their service area covers eight counties including Collin, Dallas, Ellis, Hunt, Kaufman, Rockwall, Tarrant, and Van Zandt.
The current census averages 30 patients. In 2010, the agency grossed $1.2 Million and it anticipates gross revenues of $1.5 million in 2011 without any cap issues. The majority of the revenue (85%) is Medicare-driven and the balance flows in from Medicaid (10%) and private insurance (5%). This agency reaps the benefits from its diverse network of referral sources including hospitals, retirement and assisted living communities, and private doctors. Since its inception the agency has primarily relied on word-of-mouth marketing, but avenues for growth can be tapped into with a marketing campaign.
The seller wishes to retire but is available to assist the buyer in a transition and the professional staff is available to stay with the company. The asking price for this business opportunity is $1.5 Million, which includes 2 licenses and a Medicare provider number, the ample upside potential, and a complete infrastructure of staff and FF&E to run the business.
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