Whether you own a local business or a large regional company, we connect you with brokers who understand valuation multiples in the Healthcare & Medical sector.
Selling a hospice agency is different than selling a generic business. Buyers are looking for specific assets, contracts, and operational stability unique to your market.
We start by analyzing Average Daily Census...
Some owners are best served by local brokers who know the regional competition. Others, especially larger entities, may attract interest from regional consolidators or private equity groups. We help you find the right path.
• Census – Higher is better...
• Cap Management – Staying under caps...
Selling a hospice agency requires organized records, clean financials, and a strategy to retain key staff or contracts.
Valued on EBITDA. Clean billing history is vital...
We work with business brokers who will help you "recast" your financials, adding back owner benefits and one-time expenses to show the true profitability of the company.
You don't want competitors, employees, or customers to worry about a sale. Confidentiality is critical to maintaining your business value during the transition.
Our partner brokers utilize blind listings and strict NDAs to ensure your business is marketed discreetly. Employees and customers typically only find out once the sale is finalized and a smooth handover is ready.
Buyers evaluate census, cap management, and compliance.
ADC is the primary metric. A stable or growing census of 50+ patients attracts institutional buyers, while smaller censuses appeal to regional bolt-ons.
Agencies operating well below the Medicare Cap are highly valuable. Cap issues signal management problems or referral mix imbalances.
Clean surveys and no major ADRs (Additional Documentation Requests) or Z-PIC audits are essential. Compliance risk is a deal killer.
To get the highest price, we work with brokers who "recast" your P&L to show the true Seller's Discretionary Earnings (SDE). In hospice, this involves specific adjustments:
The hospice sector is consolidating rapidly.
1. National Platforms:
Large, PE-backed hospice networks acquire agencies to build density in existing markets or enter new CON states.
2. Strategic Buyers:
Home health agencies often buy hospice providers to create a continuum of care and capture patients transitioning from skilled care.
3. Private Equity:
Financial buyers look for stable cash flow and scalable management teams to build new regional platforms.
To maximize your multiple, ensure your patient charts are audit-ready. Buyers will perform deep clinical due diligence.
Our Advice: Review your referral source mix. Reliance on a single physician or facility is risky. Diversify your referral base before going to market.
If staff hear the agency is selling, they may fear for their jobs. If referral sources hear, they may send patients elsewhere.
Our Approach: We utilize strict NDAs and "blind profiles." We market the census, EBITDA, and location without revealing your agency name until a buyer has been vetted.
$3.5 Million in 6 Months
“Six months after partnering with Centergrowth, we secured over $3.5 million worth of listings in Florida.”
"In our first six months with Centergrowth, we secured over $3.5 million in high-quality listings across Florida. One of them received over 40 inquiries in just two days."
Joe Ram
Orlando, FL
@FL Business Brokers
3 Listings in 2 Months
“Within the first two months of partnering with Centergrowth, we secured three business listings in the Phoenix area.”
"Within the first two months of partnering with Centergrowth, we secured three business listings in the Phoenix area. Centergrowth has delivered tremendous value, and we’re thrilled with the results. We look forward to continuing our partnership and future success."
Dr. Fernando Acosta
Phoenix, AZ
@First Choice Brokers
2 Listings in 2 Weeks
“Within just two weeks of partnering with Centergrowth, I secured two business listings in my area of Pittsburgh.”
"Within just two weeks of partnering with Centergrowth, I secured two business listings in my area of Pittsburgh, one of which included real estate in the deal. We're very happy with the results and have already recommended Centergrowth to other industry brokers we know in different states."
Helen Berger
Pittsburgh, PA
@PGHBIZ Business Brokers
1 Listing in First Month
“It’s currently the first month of working with Centergrowth, and we’ve already signed our first listing.”
"It’s currently the first month of working with Centergrowth, and we’ve already signed our first listing. In addition, they’ve over-delivered on appointments, and we’re reviewing financials from a few more companies."
Russell Kitzberger
Cincinnati, OH
@CincyCRE
1,065 Appointments in 6 months
"Centergrowth booked over 480 appointments in 3 months directly onto our calendar."
Eurasian Capital was facing a number of difficulties as they tried to increase their top-of-funnel sales activity. They can only function with top-notch appointments (the majority of the time, funding has been successfully raised), but Centergrowth was consistently able to attract high-quality appointments from the beginning.
Jeff Stone
Partner @Eurasian Capital
If you are exploring a sale now or in the next few years, your first move should be speaking with someone who understands the Healthcare & Medical industry.
On our first call, we will discuss your revenue, assets, and exit goals. From there, we will suggest one or more brokers or M&A advisors who are best positioned to sell your specific type of business.
Centergrowth works with specialized Hospice Agency Business Brokers in every state to help owners sell efficiently, confidentially, and for maximum value.
Don't see your specific niche listed? We likely still cover it.
Discuss Your IndustryCentergrowth works with specialized brokers in every state. Whether you are a local business or a multi-state firm, we have the network to help you sell.
If you’re a broker specializing in hospice agencies, our business broker lead generation can put more qualified business owners into your pipeline each week.