LAKES REGIONAL HEALTHCARE HOSPICE

SPIRIT LAKE, IACCN: 161562
YELLOW

Overall

63.6

Quality

73.3

Compliance

65.0

Operational

60.0

Market

55.0

Contact Information

Address

2301 HWY 71 SOUTH

SPIRIT LAKE, IA 51360

Website

No website on file

Administrator

JILL R. CHRISTOFFELS, DIRECTOR OF HOSPICE

Provider Details

CountyDickinson
Ownership TypeGovernment
ADC8
ADC Fittarget
Service Area (ZIPs)13
Market TypeSuburban
CertifiedDec 2, 1999
County Demographics
65+ Population5,124
% 65+29.0%
Median Income$72,446

Ownership Profile

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

Classification Reasons

Positive: ADC (8) within target range
Positive: Strong quality metrics (score: 73)

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