HEART TO HEART HOSPICE OF EVANSVILLE, LLC

EVANSVILLE, INCCN: 151633
YELLOW

Overall

63.3

Quality

73.3

Compliance

57.5

Operational

70.0

Market

55.0

CAHPS Survey Rating

4.0

Family Caregiver Survey

Contact Information

Address

610 E WALNUT ST, SUITE A

EVANSVILLE, IN 47713

Website

No website on file

Administrator

KELLY O MITCHELL, MANAGER

Financial & Registry Data

Cost Report (2024)
Revenue$13.2M
Expenses$13.2M
Net Income$0.00M
Cost/Day$334

Provider Details

CountyVanderburgh
Ownership TypeFor-Profit
ADC99
ADC Fitmarginal
Service Area (ZIPs)39
Market TypeUrban
CertifiedJun 12, 2020
County Demographics
65+ Population33,774
% 65+18.8%
Median Income$58,839

Ownership Profile

Complexitycomplex
Owner Count11
PE/Investment BackedNo
Chain AffiliatedNo
Recent Ownership ChangeYes

Classification Reasons

Positive: Strong quality metrics (score: 73)
Positive: Strong operational performance
Concern: Compliance risk moderate (score: 58)

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Platform potential

Sell-Side Hypothesis

Complex ownership may create partnership disputes or exit pressure

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

70/100
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

Multiple Owners+5

Multiple stakeholders may complicate carry-back terms

Medium Operation+8

Larger ADC - may attract institutional buyers but still viable

Recent Change+2

Recent ownership change - may indicate PE flip or distressed situation

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 (0.88)

Missing Fields

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