$14.5 Million Revenue Non-Medical Home Care and Hospice Agency in
Southern TX.

Company Overview
Ensure Capital is pleased to exclusively represent a home care and hospice
agency for sale in Southern Texas. The home care agency has been in business for over a decade
and provides a comprehensive range of non-medical services designed to improve their clients’
independence, comfort, and health. The hospice agency, which has been CHAP-accredited and
Medicare-certified since 2021, is dedicated to delivering compassionate, patient-centered end-of-
life care. Their service area spans multiple counties in the southern Texas region.

Payers and Census
The home care agency’s sole payer source is HMOs (Managed Medicaid), including Superior,
United, TMHP, Molina, Driscoll, Wellpoint, and DADS. The current census is 690 patients with
approximately 15 new admissions per month. Most patients stay on long term, and there
continues to be a growing need for care. Approximately 3% of their home care clients participate
in Consumer Directed Services in which they choose their own caregiver.

The hospice agency’s business is 100% Medicare, but they are in the process of getting approved
for Medicaid. They expect final authorization from Medicaid in Summer 2025.

Financial Overview
As a whole, the home care and hospice grossed more $14.4 million in 2024 with a combined
adjusted EBITDA of nearly $1.1 million. The companies continue to fulfill a growing need for
quality home care and hospice in the Southern Texas region. Management believes there is
significant opportunity for EBITDA expansion—both through continued organic growth and
through operational efficiencies that could be realized under the ownership of a larger
organization.

Staffing Overview
The staff is expected to stay under new ownership, including key management, administrative,
and clinical personnel. The seller is seeking retirement but is willing to assist during a transitional
period as needed.

Asking Price
The asking price is for this opportunity is $8.3 million, which does not include cash, receivables,
or working capital.