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Saturday, November 23, 2024

Who owned INN at Freedom Village, the in Q4 2023?

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CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

As of the fourth quarter of 2023, INN at Freedom Village, the was owned by CCRC Opco Ventures, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Chester County, has been owned by CCRC Opco Ventures, LLC since Feb. 1, 2020.

INN at Freedom Village, the is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of five from the CMS, which is higher than the average of 2.9 recorded for nursing homes in Pennsylvania. CMS ratings evaluate nursing homes based on critical aspects such as health inspection outcomes, staffing levels, and the quality of care provided to residents.

According to the data, INN at Freedom Village, the aided an average of 47.1 residents per day during the fourth quarter of 2023, with a total of 60 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, INN at Freedom Village, the spent a total of $1,625 in two fines and suffered two penalties.

In total, there were 12 for-profit nursing homes in Chester County, Pennsylvania.

According to US Census data, in 2020, nearly 1 in 6 Americans were aged 65 years or older. Since 1920, the older population skyrocketed from 4.9 million to 55.8 million, reflecting a growth rate of roughly 1,000%, five times higher than the average growth for the overall U.S. population.

A 2021 study suggests that nearly half of this age group, roughly 28 million individuals, may require long-term services and support. Additionally, the study projects that over a third of them may eventually need nursing home care.

“Living a long life is something that many of us want and could get,” said Jesse Slome, executive director of the American Association for Long-Term Care Insurance, an insurance education group. “But when we live a long life, the chances of us needing long-term care increase exponentially. But when you need that type of care, there are limited options.”

Nursing Homes in Chester County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Accelerate Skilled Nursing and Rehabilitation ExtoGenesis PM PA Operations, LLCFor profit - Corporation4103.6
Aventura at PembrookeCPP Senior Holdings, LLCFor profit - Corporation1137.9
Green Meadows Nursing and Rehabilitation CenterCPSH Holdings, LLCFor profit - Corporation2174.2
Hickory House Nursing HomeLife Care Affiliates IIFor profit - Partnership5101.7
INN at Freedom Village, theCCRC Opco Ventures, LLCFor profit - Corporation547.1
Manatawny Center for Rehabilitation and NursingMordechai WeiszFor profit - Corporation4109.6
Oxford Health CenterPHINon profit - Corporation582
Phoenix Center for Rehabilitation and Nursing, theBles Healthcare Management, LLCFor profit - Corporation370.7
Preston ResidenceJenner's Pond, Inc.Non profit - Corporation524.1
St. Martha Center for Rehabilitation and Healthcare470 Manor Operating, LLCFor profit - Corporation2116
The Watermark at Bellingham Park LaneWatermark BRE Investments, LLCFor profit - Corporation450.4
Twin Pines Health Care CenterSaber Healthcare Holdings, LLCFor profit - Corporation3106.1
West Chester Rehabilitation and Healthcare CenterQuinto Nexgen, LLC and UKR Nexgen, LLCFor profit - Corporation2164.9

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