HOSPARUS SOUTHERN INDIANA

NEW ALBANY, INCCN: 151504
YELLOW

Overall

62.0

Quality

60.0

Compliance

62.5

Operational

60.0

Market

65.0

CAHPS Survey Rating

4.0

Family Caregiver Survey

Contact Information

Address

502 HAUSFELDT LANE

NEW ALBANY, IN 47150

Website

No website on file

Administrator

LORETTA J MCGINTY, SENIOR DIRECTOR

Financial & Registry Data

Cost Report (2024)
Revenue$8.4M
Expenses$8.0M
Net Income$0.46M
Cost/Day$254

Provider Details

CountyFloyd
Ownership TypeNon-Profit
ADC98
ADC Fitmarginal
Service Area (ZIPs)102
Market TypeUrban
CertifiedJan 3, 1989
County Demographics
65+ Population14,353
% 65+17.9%
Median Income$75,686

Ownership Profile

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

Classification Reasons

Default classification - needs further diligence

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Platform potential

Sell-Side Hypothesis

Nonprofit may consider sale for mission-alignment or financial sustainability

Rating Sensitivity

Upgrade Triggers

Quality improvement above 70 threshold; Compliance metrics improvement; CON state expansion opportunity

Downgrade Triggers

Compliance score drop below 40; Quality score drop below 30; CMS enforcement action

Owner Carry-Back Analysis

88/100
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

Medium Operation+8

Larger ADC - may attract institutional buyers but still viable

Stable Ownership+10

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

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 (0.88)

Missing Fields

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