HEARTLAND HOSPICE SERVICES

MYRTLE BEACH, SCCCN: 421545
YELLOW
CON State

Overall

59.1

Quality

53.3

Compliance

50.0

Operational

60.0

Market

75.0

CAHPS Survey Rating

4.0

Family Caregiver Survey

Contact Information

Address

2050 CORPORATE CENTRE DRIVE

MYRTLE BEACH, SC 29577

Website

No website on file

Administrator

MELISSA KAWAKAMI, ADMINISTRATOR

Financial & Registry Data

Cost Report (2024)
Revenue$0.5M
Expenses$0.7M
Net Income$-0.17M
Cost/Day$192

Provider Details

CountyHorry
Ownership TypeFor-Profit
ADC57
ADC Fittarget
Service Area (ZIPs)24
Market TypeUrban
CertifiedApr 25, 2002
County Demographics
65+ Population96,255
% 65+27.0%
Median Income$59,880

Ownership Profile

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

Classification Reasons

Positive: ADC (57) 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