NORTHEAST OHIO HOSPICE, INC

GARFIELD HEIGHTS, OHCCN: 361692
YELLOW
CON State

Overall

65.5

Quality

60.0

Compliance

57.5

Operational

60.0

Market

85.0

CAHPS Survey Rating

3.0

Family Caregiver Survey

Contact Information

Address

10204 GRANGER ROAD

GARFIELD HEIGHTS, OH 44125

Website

No website on file

Administrator

MICHAEL D HARRINGTON, MEDICAL DIRECTOR

Financial & Registry Data

Cost Report (2024)
Revenue$5.3M
Expenses$3.0M
Net Income$2.27M
Cost/Day$94
IRS 990 (2023)
EIN814915455
990 Revenue$5.5M
Total Assets$1.1M

Provider Details

CountyCuyahoga
Ownership TypeNon-Profit
ADC69
ADC Fitmarginal
Service Area (ZIPs)62
Market TypeUrban
CertifiedJul 8, 2016
County Demographics
65+ Population251,683
% 65+20.0%
Median Income$60,074

Ownership Profile

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

Classification Reasons

Positive: CON state provides regulatory moat
Concern: Compliance risk moderate (score: 58)

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Platform potential

Sell-Side Hypothesis

Nonprofit may consider sale for mission-alignment or financial sustainability

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

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

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

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