NEW WAY HOSPICE AND PALLIATIVE CARE, INC

SHERMAN OAKS, CACCN: B31575

YELLOW

Overall

15.0

Quality

—

Compliance

—

Operational

—

Market

60.0

Contact Information

Address

13701 RIVERSIDE DRIVE, SUITE 513

SHERMAN OAKS, CA 91423

Phone

(818) 259-9466

Website

No website on file

Administrator

MARGARITA TOVMASIAN, DIRECTOR OF PATIENT CARE SERVIC

Financial & Registry Data

Cost Report (2024)

Revenue$0.8M

Expenses$0.8M

Net Income$0.01M

Cost/Day$628

Provider Details

CountyLos Angeles

Ownership TypeFor-Profit

ADC1

ADC Fittarget

Service Area (ZIPs)44

Market TypeUrban

CertifiedSep 29, 2021

County Demographics

65+ Population1,522,182

% 65+15.3%

Median Income$83,411

Ownership Profile

Complexityunknown

Owner Count—

PE/Investment BackedNo

Chain AffiliatedNo

Recent Ownership ChangeNo

Classification Reasons

Positive: ADC (1) within target range

Outreach Status

Readiness

Monitor - Complete diligence first

Deal Type

Tuck-in candidate

Sell-Side Hypothesis

Small census may strain profitability, owner may seek scale partner

Rating Sensitivity

Upgrade Triggers

CON state expansion opportunity

Downgrade Triggers

CMS enforcement action

Data Quality & Follow-up

Data Quality

MEDIUM

Confidence

Medium (0.50)

Missing Data

Quality metrics; Compliance metrics; CAHPS survey data; PECOS ownership data

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Score

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ADC

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Score

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ADC

YNG HOSPICE, INC

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43.5

Score

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ADC

LION HOSPICE CARE, INC

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Score

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ADC

SERAFIM HOSPICE INC

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Score

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ADC

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