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Thursday, November 21, 2024

Promenade Health and Rehabilitation, a for-profit facility, had a rating of 4 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, Promenade Health and Rehabilitation was owned by Robert Rye, James Stein, and Paul Stein, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Benton County, has been owned by Robert Rye, James Stein, and Paul Stein since July 1, 2015.

Promenade Health and Rehabilitation is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of four from the CMS, which is higher than the average of 3.0 recorded for nursing homes in Arkansas. 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, Promenade Health and Rehabilitation aided an average of 92.6 residents per day during the fourth quarter of 2023, with a total of 114 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Promenade Health and Rehabilitation spent a total of $13,000 in one fine and suffered one penalty.

In total, there were 12 for-profit nursing homes in Benton County, Arkansas.

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 Benton County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Ashley Rehabilitation and Health Care CenterJames Lincoln and Judy LincolnFor profit - Corporation362.1
Bradford House Nursing and Rehabilitation, LLCParalea Hursh, Michael Morton, David Norsworthy, and Jerry SamsFor profit - Limited Liability company380.3
Concordia Nursing and Rehabilitation, LLCBradford MontgomeryFor profit - Corporation330.5
Highlands of Bella Vista Health and Rehabilitation, LLCParalea Hursh, Michael Morton, David Norsworthy, and Jerry SamsFor profit - Corporation370.5
Innisfree Health and Rehabilitation, LLCParalea Hursh, Michael Morton, David Norsworthy, and Jerry SamsFor profit - Limited Liability company568.2
Jamestown Nursing and Rehabilitation, LLCParalea Hursh, Michael Morton, David Norsworthy, and Jerry SamsFor profit - Limited Liability company2102.7
Promenade Health and RehabilitationRobert Rye, James Stein, and Paul SteinFor profit - Limited Liability company492.6
Rogers Health and Rehabilitation Center4P2T1 OPS Holding LPFor profit - Limited Liability company565.5
Siloam Healthcare, LLCIsaac Gutman, Helen Hoffman, Menachem Kofman, Chaim Kurz, Solomon Kurz, Esther Safrin, Chaim Shapiro, and Jacob TaubFor profit - Limited Liability company196.8
The Blossoms at Rogers Rehabilitation and Nursing CenterArkansas Opco Holding, LLCFor profit - Limited Liability company186.6

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