ADORAY HOME HEALTH AND HOSPICE

BALDWIN, WICCN: 521521
YELLOW
CON State

Overall

66.6

Quality

73.3

Compliance

50.0

Operational

60.0

Market

85.0

CAHPS Survey Rating

5.0

Family Caregiver Survey

Contact Information

Address

990 MAIN ST SUITE 1

BALDWIN, WI 54002

Website

No website on file

Administrator

CHRISTA WALZ, EXECUTIVE DIRECTOR

Financial & Registry Data

IRS 990 (2023)
EIN391791601
990 Revenue$9.7M
Total Assets$3.9M
Exec Comp$150K

Provider Details

CountySt. Croix
Ownership TypeNon-Profit
ADC67
ADC Fitmarginal
Service Area (ZIPs)52
Market TypeUrban
CertifiedApr 19, 1988
County Demographics
65+ Population14,914
% 65+15.9%
Median Income$97,950

Ownership Profile

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

Classification Reasons

Positive: CON state provides regulatory moat
Positive: Strong quality metrics (score: 73)
Concern: Compliance risk moderate (score: 50)

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

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

70%

Data Quality

HIGH

Confidence

High (0.90)

Missing Fields

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