THE CARE TEAM HOSPICE

STANDISH, MICCN: 231651
YELLOW
CON State

Overall

59.6

Quality

53.3

Compliance

50.0

Operational

50.0

Market

85.0

Contact Information

Address

441 S MAIN ST, SUITE 4

STANDISH, MI 48658

Website

No website on file

Administrator

JASON W LAING, CEO

Financial & Registry Data

Cost Report (2024)
Revenue$8.1M
Expenses$7.7M
Net Income$0.40M
Cost/Day$391

Provider Details

CountyArenac
Ownership TypeFor-Profit
ADC38
ADC Fittarget
Service Area (ZIPs)82
Market TypeUrban
CertifiedJul 21, 2016
County Demographics
65+ Population4,059
% 65+27.0%
Median Income$53,487

Ownership Profile

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

Classification Reasons

Positive: ADC (38) within target range
Positive: CON state provides regulatory moat
Concern: Quality needs review (score: 53)
Concern: Compliance risk moderate (score: 50)

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Possible platform or large tuck-in

Sell-Side Hypothesis

Standard owner exit motivations: retirement, capital needs, or strategic realignment

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

100/100
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

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