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Thursday, November 21, 2024

Who owned Monroe Health and Rehabilitation Center in Q4 2023?

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CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

As of the fourth quarter of 2023, Monroe Health and Rehabilitation Center was owned by Saber Healthcare Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Albemarle County, has been owned by Saber Healthcare Holdings, LLC since Jan. 1, 2023.

Monroe Health and Rehabilitation Center is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of four from the CMS, which is higher than the average of 2.7 recorded for nursing homes in Virginia. 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, Monroe Health and Rehabilitation Center aided an average of 136.1 residents per day during the fourth quarter of 2023, with a total of 180 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Monroe Health and Rehabilitation Center spent a total of $13,015 in two fines and suffered two penalties.

In total, there were five for-profit nursing homes in Albemarle County, Virginia.

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 Albemarle County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Albemarle Health and Rehabilitation CenterAlbemarle Holdings I, LLCFor profit - Corporation1120.4
Charlottesville Health and Rehabilitation CenterCharlottesville Holdings I, LLCFor profit - Partnership4100.4
Colonnades Health Care CenterWelltower Opco Group, LLCFor profit - Corporation521.4
Monroe Health and Rehabilitation CenterSaber Healthcare Holdings, LLCFor profit - Corporation4136.1
The Laurels of CharlottesvilleLaurel Health Care Holdings, Inc.For profit - Corporation2109.8

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