Hospice of St. John Sells to Southern California Operator

BURBANK, Calif. - June 24, 2016 - PRLog -- Hospice of St. John in Burbank was recently sold to a private Southern California hospice owner and operator. The hospice was purchased for its covered managed care contracts, a deal that was facilitated by Shep Roylance of JCH Senior Housing Group. Roylance is well-versed in handling a wide range of senior housing transactions and specializes in bankruptcies as well as more intricate deals, such as this.

This particular Burbank hospice was established in 2011 and is JCAHO certified and is both Medicare and MediCal certified. At this time, no patients are currently being serviced by the hospice. The buyer is experienced in the senior housing industry, specifically with hospice facilities. Over the years Hospice of St. John has been well-maintained and is ready for operation under new ownership. The Southern California buyer will not need to wait to obtain any licenses or contracts, making it a smooth transition for all parties.

In his capacity as Senior Vice President of JCH Senior Housing Group, Roylance specializes in the acquisition and disposition of skilled nursing, assisted living, Alzheimer's care, and continuing care residential facilities. Additionally he is knowledgeable and experienced in representing troubled facilities in bankruptcy. Roylance's knowledge and expertise covers the entire spectrum of the senior housing market. Although Roylance services individual owner/operators and regional and nation healthcare providers alike, he specifically targets the representation of institutional investor's health care portfolios in part or in entirety. His judicious representation of both buyers and sellers in the senior housing market has earned him an outstanding nationwide reputation.

Shepard Roylance

https://www.shepjch.com/