Offering Overview-MTH 082315
Animated publication created with FlippingBook Publisher
OFFERING OVERVIEW
1
2
t
About Us
5
6
Our Founders
3
8
14
Our Investment
16
ABOUT
4
Mission
To enhance the quality of life for those facing advancing illness, death, and bereavement through
research, skilled and compassionate care, education, understanding, and advocacy.
5
Mike Nicholas Founder
Mike Nicholas has a BS in Accounting from Missouri State University in Springfield, Missouri. He worked for over 15 years in the accounting field. Mike also has some computer programming experience gained as a part of his accounting and project duties. However, his accounting career left Mike feeling unfulfilled. He wanted and needed to make a direct difference in people’s lives. Mike believes that people need to have that desire in order to be a part of a hospice team. People that want to make a difference in hospice patient’s lives will be ready for anything and be happy to do what they can for patients at this critical time in their patient’s lives. As a result of this desire to make a difference Mike applied to and was accepted into his local nursing school. He has been a Registered Nurse since 2005. After working as an RN for a few years, Mike was recruited into a local hospice, Hospice Care of Kansas at the time, which turned out to be a perfect fit in every way.
Mike saw an opportunity there to bring improvements to the industry through better management. As they say, the rest is history! Mike founded National Hospice, Inc. (d.b.a. Promises Kept Hospice) in May 2007, and sold it in 2011 as an asset sale. It grew to an average daily census (or # of patients under care each day) of 60 patients which would have made it one of the largest hospices in Denver out of about 24 listed there in 2013. They were able to achieve that growth with no marketing staff and in a city about one-fifth the size of Denver. Together with his wife, Patty, Mike founded and opened their second hospice, Promises Kept, Inc., in 2012 (also known as Promises Kept Hospice). It was sold in 2014 as a Medicare licensed hospice to a regional home health company Mike and Patty Nicholas have been married since 1982. Together they have raised two daughters and a son.
6
Patty Nicholas Founder
Patty Nicholas helped put her husband Mike through college by working as a Nurse Aide in the local skilled nursing facility. After taking a few years off when their children were young, Patty went back to working as a Nurse Aide in a hospital. She held that position in the same hospital for over 14 years. Patty was also a unit clerk in the critical care unit of that hospital for 6 years after that. Patty’s dedication shows in her commitment to her marriage and in her commitment to a single facility for much of her career. However, Mike asked Patty to join him in his hospice as he knew the great value Patty would bring to it. With her warm personality, “hospice heart”, genuine care for the staff and those they served, Patty quickly became the face, heart, and soul of that hospice and their next one while working tirelessly as the Office Manager of both hospices.
7
Patty, Mike's partner and best friend, will be the heart of the new Denver, CO. hospice too.
INVESTMENT OVERVIEW
8
The Market's Time is Right "We've taken the time to perform proper due diligence for our investors. The market, geographic location, and timing couldn't be better to accomplish our goals."
Mike Nicholas, Founder
9
"With the right partners, together we can grow in an industry which shows potential like never before. That's especially true in Denver." Mike Nicholas
Summary
As America’s World War II generation passes away and the Baby Boom generation rapidly turns grey, hospice has become a growth industry. Demographics support the need for additional hospice care companies. According to the Department of Health and Human Services, the United States' population aged 65 and older is expected to more than double between 2010 and 2050 or from 40.2 million to 88.5 million. While industry data is fragmentary, in 2009 about 33.5 percent of Medicare beneficiaries who passed away died at home according to a study published in the Journal of the American Medical Association earlier this year. Of those, 42 percent died in hospice care as compared to only about 20 percent in the year 2000. Information from the National Palliative Care and Hospice Association shows an increase from 7.4 percent to 26.4 percent of the number of total deaths under all hospice-administered programs occurring in hospice in just one year. So acceptance of hospice care has grown and is growing. Increasing need requires additional hospice care providers, however, obtaining Medicare certification makes it difficult for new hospice services to start up where needed. Mother’s Touch management team has the experience to achieve Medicare certification and do so faster than average using lessons learned from their prior hospice start-ups. Mother’s Touch will make full use of 15 years of administrative and accounting experience and 7 additional years of hospice management experience to efficiently deliver quality service at optimum cost. Federal Medicare spending on hospice care has grown at a compounded annual rate of 16 percent from 1999 to 2011 which is up from just $2.4 billion at the beginning of that period to $13.8 billion at the end. Over that same period the number of hospice providers grew from 2,303 to 3,585. The 65+ population in the 4 counties targeted by Mother's Touch in Denver is expected to double over the next 15 years. This is due to some extent to the changing attitudes about death. No longer a topic of dread and denial hospice is becoming a mature family topic up for discussion. Palliative care professionals have changed their attitudes and their discussions with families have helped change families' attitudes. Increasingly a family dialogue resulting from physician discussions and from more information that is more readily available has also shifted families' attitudes as they became more enlightened about the subject; it all helps them come to terms with their aging family members, their needs, and to seek out and accept information about hospice.
10
WHY INVEST IN MOTHER’S TOUCH HOSPIC
YEAR 1 REVENUE YEAR 2 REVENUE YEAR 3 REVENUE
3 YEAR TOTAL REVENUE
$6,112,885
In today’s environment the issue of high-quality hospice care will no longer remain shrouded with avoidance. Mother’s Touch is poised to change the view of how we plan for this inevitability as another choice we can make in order to live fully for ourselves, our families, and for the future with the time remaining. These attitudinal changes are allowing the hospice care industry models to step forward and into a leading role for the coming generations as our nation ages with dignity, compassion, and financial sustainability. Now is the time to plan for the most-healthy and fulfilling approach to end-of-life care. Mother’s Touch believes that the market will bear this out as post World War II generations seek options for their futures in much the same way they have been accustomed to searching out all previous important quality of life choices. The Mother’s Touch founders have a proven capability of creating a hospice service and obtaining certification in faster than normal time frames. This puts Mother’s Touch in an ideal position to fill a growing need for experienced hospice care providers that can deliver high quality service.
$3,000,096
$2,286,108
11
$826,681
MARKET TRENDS CONTINUE TO GROW
Number of Hospice Companies Increasing: The number of hospice programs nationwide continues to increase — from the first program that opened in 1974 to approximately 5,800 programs today. This estimate includes both primary locations and satellite offices. Hospices are located in all 50 states, the District of Columbia, Puerto Rico, Guam and the U.S. Virgin Islands. Resource: nhpco.org
Fewer Deaths Trending in Hospitals: More people are dying in hospice care rather than in the hospital, though the shift hasn’t led to less aggressive treatment or lower costs as patients spend additional time in intensive care units in the last month of life. Hospice care among the elderly doubled to about 40 percent in the past decade, according to a study in the Journal of the American Medical Association. For many, the transition to hospice came only in the final few days of life, often after time in the intensive care unit and multiple hospitalizations. Source: (Bloomberg) -- Feb. 2015 Longer Healthier Lives has a Surprise Ending: MacArthur Research Network on an Aging Society finds that by 2050 Americans may live 3.1 to 7.9 years longer than official government projections, resulting in sharply higher costs for government programs that serve older citizens. The findings are based on the premise that the risk of death in the coming decades will be reduced by accelerated advances in biomedical technology that delay the onset and progression of major fatal diseases or that slows the aging process.” Resouce: http://www.macfound.org/press/publications/aging- america-twenty-first-century-demographic-forecasts-macarthur-foundation-research- network-aging-society/#sthash.oJvogmMX.dpufperiod. Resource: healthaffairs.com
12
Future Generations Supporting the Elderly Declining in Numbers: As a result of the relatively slower growth of the under-65 population, the percentage of Americans 65 and older will increase from 13 percent in 2010 to 21 percent by 2040! The projected 2040 share of the older group is up one percentage point from what the Census projected four years ago. According to the new Census Bureau projections, the U.S. population will grow from 309 million in 2010 to 400 million by 2050, 39 million fewer than the level projected four years ago. The declining proportion of working-age citizens raises questions about how economic growth and well-being can be sustained with slower growth in the U.S. labor supply. Currently there are about five “working-age” Americans (age 18 to 64) for every person 65 or older. According to the new projections, this 5-to-1 support ratio will slip to less than 3-to-1 by 2030. www.census.org
Fewer Not-for Profit Hospices: Not-for-Profit owned programs comprise the smallest percentage of hospice providers (about 5% in 2013). The number of for-profit Medicare-certified hospice providers has been steadily increasing over the past several years. In contrast, the number of Medicare-certified not- for-profit or government providers has declined over the same period. Resource: healthaffairs.com
13
Bold New Law Welcomed by Industry leaders: President Obama signed into law the “Improving Medicare Post-Acute Care Transformation Act of 2014” (IMPACT Act) that includes provisions creating greater oversight and increased transparency within the hospice community. The National Hospice and Palliative Care Organization (NHPCO) heralds the passage of this legislation and the additional oversight it will bring to end-of-life care providers. “This new law strengthens oversight and transparency throughout the entire hospice community,” said J. Donald Schumacher, NHPCO president and CEO. “NHPCO applauds President Obama for signing the IMPACT Act into law.” Resource: nhpco.org
THE MOTHER’S TOUCH PROMISE & COMMITMENT
Vision Quality, end-of-life care wherever Mother’s Touch is available.
Values Our organization embraces and demonstrates a number of core values that will not be compromised. Knowing our organizational values will help us direct decisions and defines what the company “will always do” and “will never do.” Compassion Compassion underscores all our actions and decision-making. We demonstrate an empathic, non-judgmental manner. We believe in the
14
power of tender acts of kindness.
Integrity Integrity forms the basis of personal and professional practice. We take individual and collective responsibility for our actions. We are accountable and invite scrutiny. We are honest and fair in all we do within an ethical framework.
Respect We respect the intrinsic worth of each individual.
Commitment Commitment to quality end-of-life care is fundamental to our work and our relationships. Through our dedication we honor the people we serve, each other, and our community.
15
MOTHER'S TOUCH, INC
$280,000 RAISE
28 Investment Units ("Units") Each Consisting of One (1) $10,000 Corporate Bond and Four (4) Shares of Common Stock
28 Bonds - $280,000 15 Bonds - $150,000 $10,000.00 1 Investment Unit ($10,000)
16
MORE INFORMATION AVALIABLE AT WWW.MOTHERSTOUCHHOSPICE.COM
Mother’s Touch, Inc. (the “Company” or “Mother’s Touch”), a Kansas Corporation, is offering 28 Investment Units consisting of an aggregate total of 28 Series A Corporate Bonds for $10,000.00 per Bond and 112 Shares of Common Stock. Each Investment Unit contains one (1) $10,000 Bond and four (4) Shares of Common Stock. The offering price for the securities has been arbitrarily determined by the Company - See Risk Factors: Offering Price in the Private Placement Memorandum (PPM) at www.motherstouchhospice.com. REQUIRED DISCLOSURES: THESE ARE SPECULATIVE SECURITIES, WHICH INVOLVE A HIGH DEGREE OF RISK. ONLY THOSE INVESTORS WHO CAN BEAR THE LOSS OF THEIR ENTIRE INVESTMENT SHOULD INVEST IN THESE SECURITIES. THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), THE SECURITIES LAWS OF THE STATE OF KANSAS, OR UNDER THE SECURITIES LAWS OF ANY OTHER STATE OR JURISDICTION IN RELIANCE UPON THE EXEMPTIONS FROM REGISTRATION PROVIDED BY THE ACT AND REGULATION D RULE 506 (c) PROMULGATED THEREUNDER, AND THE COMPARABLE EXEMPTIONS FROM REGISTRATION PROVIDED BY OTHER APPLICABLE SECURITIES LAWS.
17
18 Promises were made,
19 together we will keep them.
Contact Us
Development Location 319 N. Dowell St. Wichita, KS 67206-2789 Denver Location 600 17th Street Ste. 2800 S. Denver, CO 80202-5428
2 0
316.682.1232 P 316.612.9889 F 316.210.4309 C
mike@motherstouchhospice.com
www. motherstouchhospice .com
Made with FlippingBook