Quantcast

SE Kentucky News

Thursday, November 7, 2024

Who owned The Heritage in Q4 2023?

Webp 25x0qsb6fzqa2r2dwd87cezkwz3l

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 Heritage was owned by seven stakeholders, according to Centers for Medicare and Medicaid Services (CMS).

Current The Heritage owners are listed in the table below.

The Heritage 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 2.7 recorded for nursing homes in Kentucky. 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 Heritage aided an average of 78.2 residents per day during the fourth quarter of 2023, with a total of 77 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Heritage achieved a zero-incident record for fines and penalties.

In total, there were four for-profit nursing homes in Whitley County, Kentucky.

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 Whitley County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Christian Health CenterChristian Care Communities, Inc.Non profit - Church related593.9
Corbin Health and Rehabilitation CenterSeky Holding CountyFor profit - Corporation482.2
Hillcrest Health and Rehabilitation CenterSeky Holding CountyFor profit - Corporation385.9
The HeritageJoshua Farkovits, Eli Grinspan, Kennedy KY Holdings, LLC, Kentucky Partners, LLC, KY Equity Partners, LLC, Benjamin Landa, and Philpson Family Limited Liability Company, LLCFor profit - Limited Liability company478.2
Williamsburg Health and Rehabilitation CenterSeky Holding CountyFor profit - Corporation595.6

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS