MCLAREN HOSPICE

PETOSKEY, MICCN: 231541
YELLOW
CON State

Overall

71.5

Quality

60.0

Compliance

77.5

Operational

60.0

Market

85.0

CAHPS Survey Rating

3.0

Family Caregiver Survey

Contact Information

Address

1 HILAND DRIVE

PETOSKEY, MI 49770

Website

No website on file

Administrator

BARTON BUXTON, CEO/BOARD MEMBER

Financial & Registry Data

Cost Report (2024)
Revenue$7.2M
Expenses$10.8M
Net Income$-3.56M
Cost/Day$206
NPI Registry
NPI1760591374
Authorized Official

STEVEN LOY

CFO/Vice President

IRS 990 (2023)
EIN463643089
990 Revenue$0.0M
Total Assets$0.8M

Provider Details

CountyEmmet
Ownership TypeNon-Profit
ADC82
ADC Fitmarginal
Service Area (ZIPs)94
Market TypeUrban
CertifiedMay 2, 1991
County Demographics
65+ Population8,597
% 65+25.2%
Median Income$69,690

Ownership Profile

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

Classification Reasons

Positive: CON state provides regulatory moat
Positive: Low compliance risk (score: 78)

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

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

90%

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