ASERACARE HOSPICE

SIOUX FALLS, SDCCN: 431516
YELLOW

Overall

57.3

Quality

33.3

Compliance

62.5

Operational

70.0

Market

65.0

CAHPS Survey Rating

3.0

Family Caregiver Survey

Contact Information

Address

6009 W 41ST ST, SUITE 4

SIOUX FALLS, SD 57106

Website

No website on file

Administrator

ALEXIS LUKE, ADMINISTRATOR

Financial & Registry Data

Cost Report (2024)
Revenue$5.2M
Expenses$3.7M
Net Income$1.45M
Cost/Day$154

Provider Details

CountyMinnehaha
Ownership TypeFor-Profit
ADC62
ADC Fitmarginal
Service Area (ZIPs)88
Market TypeUrban
CertifiedJul 30, 2004
County Demographics
65+ Population28,823
% 65+14.6%
Median Income$73,110

Ownership Profile

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

Classification Reasons

Positive: Strong operational performance
Concern: Quality needs review (score: 33)

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; CON state expansion opportunity

Downgrade Triggers

Compliance score drop below 40; CMS enforcement action

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

85%

Data Quality

HIGH

Confidence

High (0.88)

Missing Fields

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