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Thursday, November 21, 2024

Who owned Cedar Ridge Village 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, Cedar Ridge Village was owned by Central Iowa Hospital Corporation, Poky-5r, LLC, and Scenic Development, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Dallas County, has been owned by Central Iowa Hospital Corporation, Poky-5r, LLC, and Scenic Development, LLC since April 1, 2021.

Cedar Ridge Village 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 Iowa. 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, Cedar Ridge Village aided an average of 33.6 residents per day during the fourth quarter of 2023, with a total of 40 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Cedar Ridge Village achieved a zero-incident record for fines and penalties.

In total, there were eight for-profit nursing homes in Dallas County, Iowa.

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 Dallas County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Adel AcresJudah Bienstock, GST Skilled Nursing Facility, LLC, Baruch Jeremias, Berish Rubinstein, and Sher Skilled Nursing Facility, LLCFor profit - Corporation243.8
Arbor Springs of West Des Moines, LLCIntegro Healthcare Holdings, LLCFor profit - Corporation454.5
Aspire of PerryBlack Hawk Healthcare, LLCFor profit - Limited Liability company122.6
Cedar Ridge VillageCentral Iowa Hospital Corporation, Poky-5r, LLC, and Scenic Development, LLCFor profit - Partnership533.6
Granger Nursing and Rehabilitation CenterHoldco Goldfinch, LLCFor profit - Limited Liability company147.2
Independence Village of WaukeeWell Special Tenant, LLCFor profit - Corporation336.9
Perry Lutheran Homes Eden Acres CampusLutheran Home for the Aged Association-WestFor profit - Limited Liability company536.1

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