ADVISACARE SOLUTIONS OF NORTHERN MICHIGAN, LLC

CHARLEVOIX, MICCN: 231557
GREEN
CON State

Overall

65.2

Quality

40.0

Compliance

77.5

Operational

60.0

Market

80.0

Contact Information

Address

218 W GARFIELD ST

CHARLEVOIX, MI 49720

Website

No website on file

Administrator

DAVID L BEHLING, ADMINISTRATOR

Financial & Registry Data

Cost Report (2024)
Revenue$4.1M
Expenses$4.0M
Net Income$0.10M
Cost/Day$263
NPI Registry
NPI1912540170
Authorized Official

KRISTIAN SKOGEN

CEO

Provider Details

CountyCharlevoix
Ownership TypeNon-Profit
ADC22
ADC Fittarget
Service Area (ZIPs)59
Market TypeUrban
CertifiedJun 22, 1993
County Demographics
65+ Population7,176
% 65+27.4%
Median Income$69,764

Ownership Profile

Complexitycomplex
Owner Count9
PE/Investment BackedNo
Chain AffiliatedNo
Recent Ownership ChangeYes

Classification Reasons

ADC (22) within target range
CON state provides regulatory moat
Low compliance risk (score: 78)

Outreach Status

Readiness

Ready - Prioritize for outreach

Deal Type

Tuck-in candidate

Sell-Side Hypothesis

Complex ownership may create partnership disputes or exit pressure

Rating Sensitivity

Upgrade Triggers

Already at highest classification

Downgrade Triggers

Quality or compliance metrics decline in next CMS refresh; Material compliance investigation or survey deficiency; Significant ownership change or PE exit

Owner Carry-Back Analysis

72/100
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

Ideal Size+15

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

Recent Change+2

Recent ownership change - may indicate PE flip or distressed situation

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