KINDRED HOSPICE

COOKEVILLE, TNCCN: 441520
YELLOW
CON State

Overall

65.9

Quality

66.7

Compliance

57.5

Operational

60.0

Market

80.0

CAHPS Survey Rating

4.0

Family Caregiver Survey

Contact Information

Address

750 E SPRING ST STE B1

COOKEVILLE, TN 38501

Website

No website on file

Administrator

DAVID ALLEN CAUSBY, CEO AND PRESIDENT

Financial & Registry Data

Cost Report (2024)
Revenue$3.5M
Expenses$4.6M
Net Income$-1.03M
Cost/Day$182

Provider Details

CountyPutnam
Ownership TypeFor-Profit
ADC62
ADC Fitmarginal
Service Area (ZIPs)29
Market TypeUrban
CertifiedNov 28, 1989
County Demographics
65+ Population14,019
% 65+17.5%
Median Income$54,371

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

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

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 (0.90)

Missing Fields

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