BILLET HOSPICE, INC - LAS VEGAS

LAS VEGAS, NVCCN: 291618
YELLOW
CON State

Overall

18.8

Quality

Compliance

Operational

Market

75.0

Contact Information

Address

726 E SAHARA AVE, SUITE 2

LAS VEGAS, NV 89104

Website

No website on file

Administrator

ARMEN GHADIMIAN, CEO

Provider Details

CountyClark
Ownership TypeFor-Profit
ADC
ADC Fittarget
Service Area (ZIPs)10
Market TypeSuburban
CertifiedAug 3, 2022
County Demographics
65+ Population369,349
% 65+16.3%
Median Income$69,911

Ownership Profile

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

Classification Reasons

Positive: ADC (0) within target range
Positive: CON state provides regulatory moat

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Tuck-in candidate

Sell-Side Hypothesis

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

Rating Sensitivity

Upgrade Triggers

Multiple confirming signals in subsequent analysis

Downgrade Triggers

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

Large Operation+3

Large ADC typically attracts PE/strategic buyers

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

55%

Data Quality

MEDIUM

Confidence

Medium (0.60)

Missing Fields

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