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Tuesday, November 26, 2024

Who owned Advanced Health Care of Colorado Springs 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, Advanced Health Care of Colorado Springs was owned by New AHC Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in El Paso County, has been owned by New AHC Holdings, LLC since Jan. 1, 2021.

Advanced Health Care of Colorado Springs 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 Colorado. 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, Advanced Health Care of Colorado Springs aided an average of 31.7 residents per day during the fourth quarter of 2023, with a total of 34 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Advanced Health Care of Colorado Springs spent a total of $650 in one fine and suffered one penalty.

In total, there were 18 for-profit nursing homes in El Paso County, Colorado.

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 El Paso County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Advanced Health Care of Colorado SpringsNew AHC Holdings, LLCFor profit - Limited Liability company531.7
Bear Creek Senior LivingS-H Forty-Nine Opco Ventures, LLCFor profit - Corporation435.9
Brookdale SkylineBLC Management - 3, LLC and Brookdale F&B, LLCFor profit - Corporation551.4
Colonial Health and Rehabilitation CenterRocky Mountain Skilled Nursing Facility Holdings, LLCFor profit - Corporation270.1
Falcon Heights Health and Rehabilitation CenterRocky Mountain Skilled Nursing Facility Holdings, LLCFor profit - Corporation278.3
Fountain View Health and Rehabilitation CenterRocky Mountain Skilled Nursing Facility Holdings, LLCFor profit - Corporation484.3
Kiowa Hills Health and Rehabilitation CenterRocky Mountain Skilled Nursing Facility Holdings, LLCFor profit - Limited Liability company257.3
Liberty HeightsCCRC OPS Mb1-T, LLCFor profit - Corporation538.7
Life Care Center of Colorado SpringsForrest PrestonFor profit - Corporation578.7
Medallion Post Acute RehabilitationEndura Healthcare, LLCFor profit - Corporation457
Mountain View Post AcutePeak Medical, LLCFor profit - Limited Liability company1123.9
Pikes Peak Post AcutePeak Medical, LLCFor profit - Corporation1134
Springs Village Care CenterSNH Project Lincoln TRS, LLCFor profit - Corporation373
Sundance Skilled Nursing and RehabilitationCucharras Operations, LLCFor profit - Corporation159.3
Sunny Vista Living CenterSunny Vista Living CenterNon profit - Corporation1107.1
The Center at CentennialThe Medical Center, LLCFor profit - Individual474.9
The Center at Cordera, LLCThe Medical Center, LLCFor profit - Partnership336.4
The GardensMadison Partners, Inc.For profit - Corporation442.6
The Healthcare Resort of Colorado SpringsEndura Healthcare, LLCFor profit - Limited Liability company593

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