WINGS OF HOPE HOSPICE

ALLEGAN, MICCN: 231547
YELLOW
CON State

Overall

67.4

Quality

66.7

Compliance

45.0

Operational

80.0

Market

85.0

CAHPS Survey Rating

4.0

Family Caregiver Survey

Contact Information

Address

530 LINN STREET, SUITE A

ALLEGAN, MI 49010

Website

No website on file

Administrator

DAWN M SHERMAN, SECRETARY/ ADMINISTRATOR

Financial & Registry Data

Cost Report (2024)
Revenue$5.2M
Expenses$5.1M
Net Income$0.03M
Cost/Day$205

Provider Details

CountyAllegan
Ownership TypeNon-Profit
ADC60
ADC Fitmarginal
Service Area (ZIPs)73
Market TypeUrban
CertifiedOct 29, 1991
County Demographics
65+ Population22,552
% 65+18.8%
Median Income$75,543

Ownership Profile

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

Classification Reasons

Positive: CON state provides regulatory moat
Positive: Strong operational performance
Concern: Compliance risk moderate (score: 45)

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Platform potential

Sell-Side Hypothesis

Compliance challenges may motivate divestiture

Rating Sensitivity

Upgrade Triggers

Quality improvement above 70 threshold; Compliance metrics improvement

Downgrade Triggers

Quality score drop below 30; CMS enforcement action

Owner Carry-Back Analysis

95/100
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

Ideal Size+15

ADC 20-60 is perfect for owner carry-back - established but manageable

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

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