HENRY COUNTY MEMORIAL HOSPITAL HOSPICE

NEW CASTLE, INCCN: 151564
YELLOW

Overall

64.3

Quality

73.3

Compliance

50.0

Operational

80.0

Market

60.0

CAHPS Survey Rating

5.0

Family Caregiver Survey

Contact Information

Address

798 N 16TH STREET

NEW CASTLE, IN 47362

Website

No website on file

Administrator

PAUL F JANSSEN, PRESIDENT / CEO

Provider Details

CountyHenry
Ownership TypeNon-Profit
ADC11
ADC Fittarget
Service Area (ZIPs)33
Market TypeUrban
CertifiedAug 1, 1997
County Demographics
65+ Population10,016
% 65+20.5%
Median Income$57,632

Ownership Profile

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

Classification Reasons

Positive: ADC (11) within target range
Positive: Strong quality metrics (score: 73)
Concern: Compliance risk moderate (score: 50)

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Tuck-in candidate

Sell-Side Hypothesis

Small census may strain profitability, owner may seek scale partner

Rating Sensitivity

Upgrade Triggers

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

90/100
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

Small Operation+10

Smaller ADC - owner may need carry-back for viable purchase price

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

70%

Data Quality

HIGH

Confidence

High (0.88)

Missing Fields

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