HOSPICE CARE PLUS, INC

RICHMOND, KYCCN: 181503
YELLOW
CON State

Overall

62.5

Quality

60.0

Compliance

62.5

Operational

50.0

Market

75.0

CAHPS Survey Rating

4.0

Family Caregiver Survey

Contact Information

Address

350 ISAACS LANE

RICHMOND, KY 40475

Website

No website on file

Administrator

LISA R COX, CEO

Financial & Registry Data

Cost Report (2024)
Revenue$7.8M
Expenses$7.2M
Net Income$0.55M
Cost/Day$294

Provider Details

CountyMadison
Ownership TypeFor-Profit
ADC71
ADC Fitmarginal
Service Area (ZIPs)49
Market TypeUrban
CertifiedJun 10, 1985
County Demographics
65+ Population14,321
% 65+15.4%
Median Income$59,797

Ownership Profile

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

Classification Reasons

Positive: CON state provides regulatory moat

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

Quality improvement above 70 threshold; Compliance metrics improvement

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 (0.90)

Missing Fields

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