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Tuesday, November 26, 2024

Who owned Piedmont Post-Acute 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, Piedmont Post-Acute was owned by Palmetto Community Healthcare, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Greenville County, has been owned by Palmetto Community Healthcare, LLC since June 29, 2021.

Piedmont Post-Acute 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 South 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, Piedmont Post-Acute aided an average of 76.5 residents per day during the fourth quarter of 2023, with a total of 88 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Piedmont Post-Acute achieved a zero-incident record for fines and penalties.

In total, there were 15 for-profit nursing homes in Greenville County, South 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 Greenville County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Brushy Creek Post AcuteProvidence Group, Inc.For profit - Limited Liability company3140.5
Carlyle Senior Care of Fountain INNNew Day Health Ventures, LLCFor profit - Limited Liability company355.9
Greenville Post AcuteProvidence Group, Inc.For profit - Corporation1123.9
Greer Post-AcutePalmetto Community Healthcare, LLCFor profit - Limited Liability company1119.8
Heartland Health Care Center - Greenville EastHCR III Healthcare, LLCNon profit - Other4112.1
Linville Court at the Cascades VerdaeBanyan Greenville, LLC, David Jackson, Senior Living Commuities, LLC, Brenda Thompson, and Donald ThompsonFor profit - Corporation237.4
Magnolia Manor - GreenvilleTHI of South Carolina, LLCFor profit - Limited Liability company289.2
Magnolia Place - GreenvilleTHI of South Carolina, LLCFor profit - Limited Liability company1106.9
NHC Healthcare - GreenvilleNhc-Op LPFor profit - Limited Liability company5115.3
NHC Healthcare - MauldinNhc-Op LPFor profit - Corporation5161.6
Patewood Rehabilitation and Healthcare CenterPalmetto Community Healthcare, LLCFor profit - Individual2114.4
Piedmont Post-AcutePalmetto Community Healthcare, LLCFor profit - Corporation476.5
Promedica Skilled Nursing and Reh Greenville WestHCR III Healthcare, LLCNon profit - Other3104.8
Rolling Green VillageRolling Green VillageNon profit - Corporation115.9
Simpsonville Post AcutePalmetto Community Healthcare, LLCFor profit - Limited Liability company2119.6
The Gables of Pelham Skilled Nursing and RehabilitationFSL Senior Living Ventures, LLCFor profit - Limited Liability company328.6
West Village Post AcutePalmetto Community Healthcare, LLCFor profit - Corporation1124.2

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