Call/Email
Asking Price
Address: Covina,
Status: Active
Posting ID: 292844
5/20/25
Description
The Business is Medicare certified and Gold Seal accredited by The Joint Commission. The hospice agency was established in 2010-2011. The Business has demonstrated consistent growth, generating $4.937M in revenue for 2024 with projections for great growth for 2025.
The company's foundation is built on comprehensive service offerings that include Medicare and VA certified hospice care, with additional contracts from multiple private insurances including Health Net, IEHP, Regal, United, LA Care, Care More, EMANATE IPA, Altima, Pacific Alliance, Molina, Blue Shield, Primecare, and Aetna. This extensive network of payer relationships ensures stability and multiple revenue streams for the Business. Most notably, the company secured a valuable contract with the Veterans Administration (VA) in 2025 - an achievement that competitors have noted is exceptionally difficult to obtain.
The Business focuses on comprehensive end-of-life care for patients aged 18 and above (with 90% being 65+), including hospice services, crisis care, and bereavement support. With a team of 8 RNs, 8 LVNs, 6-7 CNAs, and additional administrative staff, the company has earned a distinguished reputation, ranking very high out of 273 hospice agencies in their service area.
The Business differentiates itself through its commitment to quality care, strong facility relationships, and 24/7 patient support with nurses available within one hour when needed. A recently secured VA contract represents a significant growth opportunity. The Company's specialties include personalized hospice care plans, 24/7 on call nurse support, and comprehensive bereavement services. Its care delivery model is truly patient centered with a skilled team of nurses, aides, and support staff available whenever a need arises. Regardless of the complexity of the patient's condition, they have the expertise to provide appropriate care.
Their current service area extends from Pasadena to the west to Banning in the east. The company utilizes electronic medical records for documentation and modern communication apps to maintain operational efficiency. With minimal marketing efforts to date, relying primarily on reputation and established relationships with approximately seven key facilities, it presents substantial expansion opportunities through additional marketing resources, geographic expansion, and leveraging their excellent industry standing.
What truly distinguishes this Business in a competitive landscape is their commitment to quality care and their exceptional after-business support for patients and caregivers. Unlike many competitors, they ensure real-time responsiveness when facilities call, particularly during evening hours when many hospices rely solely on answering services. This dedication to personal attention and rapid response has cultivated strong relationships with referring facilities, resulting in consistent patient referrals without the need for aggressive marketing.
According to IBISWorld, trends driving growth in recent years will accelerate moving forward, providing massive opportunities for home care providers. How home care providers capitalize on these trends will depend on insurer reimbursements and workforce development. Technology, ranging from wearables to telehealth, will have a more prominent role in the industry as providers look for ways to improve patient care while lessening the burden on staff. Regulatory and financial pressures will maintain consolidation activity, with private equity investment likely to expand as well. A major headwind facing the industry will be the future of Medicare policies and to what extent they cover home health and telehealth services. Revenue will grow at a CAGR of 2.8% to an estimated $176.8 billion over the next five years.
To get more information about this Hospice Agency - Top Rated, Medicare Certified business for sale in Corona please phone Edward Saldana (Broker - BRE License #:01441023) at 310-500-7078 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #292844 on BizBen.com. In addition to phoning Edward Saldana, make sure you email Edward Saldana above to get more info about this Hospice Agency - Top Rated, Medicare Certified, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01441023. Crossroads Business Brokers, Inc..
Contact
Details
Asking Price: Call/Email
Down: Call/Email
Cash Flow: $922,746.00
Revenue: $4,937,981.00
Area: Corona
City: Covina
Attributes:
My Notes About This Listing