HOSPICE OF UNION COUNTY

MONROE, NCCCN: 341513
GREEN
CON State

Overall

65.6

Quality

73.3

Compliance

40.0

Operational

70.0

Market

85.0

CAHPS Survey Rating

5.0

Family Caregiver Survey

Contact Information

Address

700 W ROOSEVELT BOULEVARD

MONROE, NC 28110

Website

No website on file

Administrator

RICHARD LAHM, BRANCH DIRECTOR

Financial & Registry Data

Cost Report (2024)
Revenue$11.8M
Expenses$11.7M
Net Income$0.13M
Cost/Day$323
NPI Registry
NPI1538255997
Authorized Official

MICHAEL STOLZENBACH

President

Provider Details

CountyUnion
Ownership TypeFor-Profit
ADC94
ADC Fitmarginal
Service Area (ZIPs)59
Market TypeUrban
CertifiedMar 23, 1987
County Demographics
65+ Population33,628
% 65+14.0%
Median Income$95,533

Ownership Profile

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

Classification Reasons

CON state provides regulatory moat
Strong quality metrics (score: 73)
Strong operational performance

Outreach Status

Readiness

Ready - Prioritize for outreach

Deal Type

Platform potential

Sell-Side Hypothesis

Compliance challenges may motivate divestiture

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

93/100
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

Medium Operation+8

Larger ADC - may attract institutional buyers but still viable

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

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