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Lake County Times

Thursday, November 21, 2024

Who owned Grand River Health and Rehabilitation Center in Q4 2023?

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CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

As of the fourth quarter of 2023, Grand River Health and Rehabilitation Center was owned by Saber Healthcare Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Lake County, has been owned by Saber Healthcare Holdings, LLC since Sep. 1, 2012.

Grand River Health and Rehabilitation Center 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 2.8 recorded for nursing homes in Ohio. 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, Grand River Health and Rehabilitation Center aided an average of 69.2 residents per day during the fourth quarter of 2023, with a total of 80 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Grand River Health and Rehabilitation Center spent a total of $33,020 in two fines and suffered three penalties.

In total, there were 12 for-profit nursing homes in Lake County, Ohio.

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 Lake County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Altercare of MentorTSG Nursing Centers, Inc.For profit - Corporation178.6
Cardinal Woods Skilled Nursing and Rehabilitation CenterPointe Woods Investment, LLCFor profit - Corporation193.4
Embassy of PainesvilleEmbassy Healthcare Holdings, Inc.For profit - Corporation149.1
Grand River Health and Rehabilitation CenterSaber Healthcare Holdings, LLCFor profit - Corporation469.2
Homestead IISaber Healthcare Holdings, LLCFor profit - Corporation542.8
Kirtland Rehabilitation and CareMedical Rehabilitation Centers, LLCFor profit - Corporation1112.4
Madison Health CareAaron HandlerFor profit - Corporation2108.2
Mentor Ridge Health and RehabilitationFoundations Health, LLCFor profit - Individual595
Mentor Woods Skilled Nursing and RehabilitationContinuing Healthcare Solutions, Inc.For profit - Corporation279.5
Promedica Skilled Nursing and RehabiliationHCR IV Healthcare, LLCNon profit - Corporation188.5
Promedica Skilled Nursing and Rehabilitation WilloughbyHCR IV Healthcare, LLCFor profit - Corporation1125.6
Wickliffe Country PlaceOH 10 Holdco, LLCFor profit - Corporation1116.1

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