For Sale: Hospice - Newly Accredited, Relocatable - Van Nuys, Los Angeles County

Current Status: Active     Posting #: 271824     Last Refreshed: 5/13/22    
We have an ACHC (Accreditation Commission for Health Care) certified hospice agency ready to bill. The agency was begun in April 2020, and it received its initial CDPH (California Department of Public Health) license in October 2020. The corporation and agency are owned by one seller who is opting to sell their agency to pursue another business venture. The ACHC certification is good from 08/2021 to 08/2024 which makes it ideal for a buyer who is looking at entering the market. The agency has received its provider number and is ready for billing.

The agency is currently in Van Nuys (Los Angeles County). The agency is in a 450 square foot office with a lease rate of $950 per month. The buyer can choose to stay at the current location or they can choose to relocate the agency via a properly executed CHOL (Change of Location) packet or renegotiate a new lease with the landlord. This is a new facility with no prior billing. There are no employees currently. No history of employees. This is a brand-new agency with no census, no prior billing. None currently. The seller can provide the buyer with a list of qualified Medicare consultants that can help the new owner with a Change of Location (CHOL) (as applicable) and the Change of Ownership (CHOW) paperwork. This listing is not open to financing options. This is a cash only listing.

As of the posting of this business opportunity. Senate Bill #664 was approved which now places a moratorium on the licensing of new hospice agencies in California beginning January 1, 2022. This only means that existing hospices and newly formed hospices, such as this one, will be valued at a higher market price in the near future.

It is imperative that ALL potential buyers: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business and (4) understand that no direct communication with the clinical or administrative staff is expected as a part of the pre-due diligence phase of the sale.

COVID Precautions: For all face-to-face meetings we ask all parties wear a mask, stay at least 6-feet from one another, to self-monitor for signs and symptoms like the flu, to clean your hands with soap and water for 20 seconds or to use a hand sanitizer that contains at least 60% alcohol. All parties who voluntarily choose to schedule a face-to-face meeting assume the risk of contracting COVID. If you tested positive for COVID and are asymptomatic, we ask for full disclosure.

Please Note: 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 Brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness, or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians and/or other business advisors. Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders). Buyers seeking this business opportunity will be responsible for any commissions sought be their buyer-representative. Buyer to verify during due diligence.