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Friday, May 10, 2024

Who owned The Pines Nursing and Rehabilitation Center 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, The Pines Nursing and Rehabilitation Center was owned by 4P2T1 OPS Holding LP, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Garland County, has been owned by 4P2T1 OPS Holding LP since Sep. 1, 2019.

The Pines Nursing and Rehabilitation Center 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 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, The Pines Nursing and Rehabilitation Center aided an average of 79.9 residents per day during the fourth quarter of 2023, with a total of 125 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Pines Nursing and Rehabilitation Center achieved a zero-incident record for fines and penalties.

In total, there were eight for-profit nursing homes in Garland 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 Garland County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Belvedere Nursing and Rehabilitation Center, LLCParalea Hursh, Michael Morton, David Norsworthy, and Jerry SamsFor profit - Limited Liability company3110.2
Lake Hamilton Health and RehabilitationMichael MortonFor profit - Limited Liability company474.1
Lakewood Therapy and Living CenterBig Rock Skilled Nursing Facility Opco Holdings LPFor profit - Limited Liability company335.6
Quapaw Care and Rehabilitation Center, LLCMichael MortonFor profit - Corporation2103.7
The Blossoms at Hot Springs Rehabilitation and Nursing CenterPine Tree Holding, LLCFor profit - Limited Liability company366.2
The Pines Nursing and Rehabilitation Center4P2T1 OPS Holding LPFor profit - Limited Liability company579.9
The Springs of Park AveIsaac Gutman, Chaim Herzberg, Alexander Hoffman, and Jacob TaubFor profit - Limited Liability company268
Village Springs Health and Rehabilitation of Hot SpringsBig Rock Skilled Nursing Facility Opco Holdings LPFor profit - Corporation291.9

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