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Monday, December 23, 2024

Who owned Toledo Retirement and Rehabilitation Center 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, Toledo Retirement and Rehabilitation Center was owned by eight stakeholders, according to Centers for Medicare and Medicaid Services (CMS).

Current Toledo Retirement and Rehabilitation Center owners are listed in the table below.

Toledo Retirement and Rehabilitation Center is registered as a for-profit facility.

During that period, the nursing home had an overall rating of two from the CMS, which is lagging behind the average of 2.2 recorded for nursing homes in Louisiana. 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, Toledo Retirement and Rehabilitation Center aided an average of 33.9 residents per day during the fourth quarter of 2023, with a total of 50 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Toledo Retirement and Rehabilitation Center spent a total of $6,922 in one fine and suffered one penalty.

In total, there were three for-profit nursing homes in Sabine County, Louisiana.

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 Sabine County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Many Healthcare and Rehabilitation CenterNexion Health of Ohi, Inc.For profit - Corporation172.1
Sabine Retirement and Rehabilitation CenterLeonard Abington, Craig Davis, Eric Davis, Calvin Jones, Revocable Trust of Roy Bush Bridges and Judy Kaye Winn Bridges, Vikki Stevens, The Vernice C. Wright Irrevocable Trust, and Willie Jackson Corley, JR EstateFor profit - Limited Liability company176
Toledo Retirement and Rehabilitation CenterLeonard Abington, Craig Davis, Eric Davis, Calvin Jones, Revocable Trust of Roy Bush Bridges and Judy Kaye Winn Bridges, Vikki Stevens, The Vernice C. Wright Irrevocable Trust, and Willie Jackson Corley, JR EstateFor profit - Corporation233.9

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