STAR HOSPICE

GURNEE, ILCCN: 141543
YELLOW
CON State

Overall

56.8

Quality

33.3

Compliance

55.0

Operational

60.0

Market

80.0

Contact Information

Address

36100 N BROOKSIDE DR, STE 101

GURNEE, IL 60031

Website

No website on file

Administrator

TEGAN ANDREWS, ADMINISTRATOR/DIRECTOR OF NURSING

Financial & Registry Data

Cost Report (2024)
Revenue$4.9M
Expenses$3.5M
Net Income$1.37M
Cost/Day$179

Provider Details

CountyLake
Ownership TypeFor-Profit
ADC40
ADC Fittarget
Service Area (ZIPs)34
Market TypeUrban
CertifiedApr 24, 1991
County Demographics
65+ Population114,548
% 65+16.1%
Median Income$104,553

Ownership Profile

Complexityunknown
Owner Count
PE/Investment BackedNo
Chain AffiliatedNo
Recent Ownership ChangeNo

Classification Reasons

Positive: ADC (40) within target range
Positive: CON state provides regulatory moat
Concern: Quality needs review (score: 33)
Concern: Compliance risk moderate (score: 55)

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Possible platform or large tuck-in

Sell-Side Hypothesis

Standard owner exit motivations: retirement, capital needs, or strategic realignment

Rating Sensitivity

Upgrade Triggers

Quality improvement above 70 threshold; Compliance metrics improvement

Downgrade Triggers

Compliance score drop below 40; CMS enforcement action

Owner Carry-Back Analysis

100/100
HIGH
Independent Ownership+30

Not backed by private equity - more likely to consider creative financing

Standalone Operation+20

Not part of larger chain - owner has full decision authority

Single Owner+20

Sole owner can make quick decisions on seller financing

Ideal Size+15

ADC 20-60 is perfect for owner carry-back - established but manageable

Stable Ownership+10

Long-term owner more likely to have emotional investment and consider flexible terms

For-Profit+5

For-profit structure - owner seeks return, more receptive to deal structures

Prime Owner Carry-Back Candidate

This provider shows strong indicators for owner financing. Single/simple ownership structure, no PE involvement, and ideal operational size suggest the owner may be receptive to a seller note arrangement. Consider approaching with a 10-20% carry-back proposal.

Data Quality & Completeness

Completeness Score

85%

Data Quality

HIGH

Confidence

High (0.90)

Missing Fields

quality_stars
Data Source: CMS Provider Data Catalog Nov 2025, PECOS Q1 2026 • Analysis Date: Jan 26, 2026