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Monday, November 18, 2024

Who owned The Meadows 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, The Meadows was owned by Lakeshore Estates, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Davidson County, has been owned by Lakeshore Estates, Inc. since Oct. 6, 2009.

The Meadows is registered as a non-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, The Meadows aided an average of 101.4 residents per day during the fourth quarter of 2023, with a total of 113 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Meadows spent a total of $7,150 in two fines and suffered two penalties.

In total, there were four non-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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