SCHOOLCRAFT MEMORIAL HOMECARE AND HOSPICE

MANISTIQUE, MICCN: 231585
YELLOW
CON State

Overall

63.8

Quality

60.0

Compliance

60.0

Operational

60.0

Market

75.0

Contact Information

Address

7870 W US HWY 2

MANISTIQUE, MI 49854

Website

No website on file

Administrator

JENNIFER EVINK, DIRECTOR OF HOMECARE

Provider Details

CountySchoolcraft
Ownership TypeCombination Government & Non-Profit
ADC9
ADC Fittarget
Service Area (ZIPs)19
Market TypeSuburban
CertifiedJun 7, 1999
County Demographics
65+ Population2,327
% 65+28.9%
Median Income$55,071

Ownership Profile

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

Classification Reasons

Positive: ADC (9) within target range
Positive: CON state provides regulatory moat

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

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

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 (0.90)

Missing Fields

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