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Winston Salem Times

Sunday, November 17, 2024

Who owned Homestead Hills 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, Homestead Hills was owned by four stakeholders, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Forsyth County, has been owned by them since April 19, 1996.

Current Homestead Hills owners are listed in the table below.

Homestead Hills 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 North Carolina. 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, Homestead Hills aided an average of 27.7 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, Homestead Hills spent a total of $663 in one fine and suffered one penalty.

In total, there were eight for-profit nursing homes in Forsyth County, North Carolina.

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 Forsyth County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Homestead HillsDavid Jackson, Senior Living Commuities, LLC, Brenda Thompson, and Donald ThompsonFor profit - Corporation327.7
Millcreek Center for Nursing and RehabilitationMC M53 Specialist Opco HoldcoFor profit - Individual160.8
Oak Forest Health and RehabilitationLiberty Healthcare Group, LLCFor profit - Corporation1134.1
Piney Grove Nursing and Rehabilitation CenterRaymond Hill, Robert Hill, Stephen Hill, Principle It Services, Inc., and Principle Long Term Care, Inc.For profit - Corporation579.5
SalemtowneMoravian Home IncorporatedNon profit - Corporation591.3
Silas Creek Rehabilitation CenterSovereign Carolina Holdings, LLCFor profit - Corporation477.5
Summerstone Health and Rehabilitation CenterLiberty Long Term Care, LLCFor profit - Corporation186.8
The OaksLiberty Healthcare Group, LLC, Liberty Long Term Care, LLC, John McNeill, and Ronald McNeillFor profit - Corporation299.9
Trinity ELMSLutheran Services for the Aging, Inc.Non profit - Corporation576
Trinity GlenLutheran Services for the Aging, Inc.Non profit - Corporation397.8
Willow Valley Center for Nursing and RehabilitationCitadel at Winston Salem, LLC and MC M53 Specialist Opco HoldcoFor profit - Corporation1194.7

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