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Friday, November 22, 2024

Who owned Bethany Center for Rehabilitation and Healing, LLC in Q4 2023?

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, Bethany Center for Rehabilitation and Healing, LLC was owned by Bethany Ventures TN, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Davidson County, has been owned by Bethany Ventures TN, LLC since March 1, 2017.

Bethany Center for Rehabilitation and Healing, LLC is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.6 recorded for nursing homes in Tennessee. 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, Bethany Center for Rehabilitation and Healing, LLC aided an average of 164.4 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, Bethany Center for Rehabilitation and Healing, LLC achieved a zero-incident record for fines and penalties.

In total, there were 16 for-profit nursing homes in Davidson County, Tennessee.

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 Davidson County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
AHC CumberlandAmerican Health Companies, LLCFor profit - Corporation2102.4
Bethany Center for Rehabilitation and Healing, LLCBethany Ventures TN, LLCFor profit - Limited Liability company3164.4
Green Hills Center for Rehabilitation and HealingNeal Einhorn, Friedman Family 2017 Trust, M.D., Eliezer Schwartz, and Yossie ZuckerFor profit - Corporation2130.9
NHC Place at the TraceNhc-Op LPFor profit - Limited Liability company473.3
Nashville Center for Rehabilitation and Healing LLNashville Ventures TN, LLCFor profit - Limited Liability company3113.8
Stoneridge Health Care, LLCSidney PierceFor profit - Corporation228.7
The MeadowsLakeshore Estates, Inc.Non profit - Other3101.4
Trevecca Center for Rehabilitation and Healing, LLCTrevecca Ventures TN, LLCFor profit - Limited Liability company2222.6
West Meade PlaceBarbara Friedbauer, Elise Friedbauer, John Friedbaurer, and Nancy WarrenFor profit - Partnership292.3

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