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Sunday, May 12, 2024

Who owned Cedar Falls Health Care Center in Q4 2023?

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CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

As of the fourth quarter of 2023, Cedar Falls Health Care Center was owned by Greenside Healthcare Properties, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Black Hawk County, has been owned by Greenside Healthcare Properties, LLC since April 24, 2015.

Cedar Falls Health Care Center is registered as a for-profit facility.

During that period, the nursing home had an overall rating of one from the CMS, which is lagging behind the average of 2.9 recorded for nursing homes in Iowa. 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, Cedar Falls Health Care Center aided an average of 47 residents per day during the fourth quarter of 2023, with a total of 82 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Cedar Falls Health Care Center spent a total of $163,696 in two fines and suffered three penalties.

In total, there were two for-profit nursing homes in Black Hawk County, Iowa.

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 Black Hawk County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Cedar Falls Health Care CenterGreenside Healthcare Properties, LLCFor profit - Corporation147
Friendship Village RetirementFriends of Faith Retirement Homes, Inc.Non profit - Corporation368.5
Harmony House Health Care CenterABCM CorporationFor profit - Corporation438
Harmony WaterlooDoros Generation Trust, GPN Family Trust, and Oakway Operations, LLCNon profit - Corporation273.6
Laporte City Specialty CareCare InitiativesNon profit - Corporation443.9
Newaldaya LifescapesCedar Falls Lutheran HomeNon profit - Church related4108
Northcrest Specialty CareCare InitiativesNon profit - Corporation282.6
Pillar of Cedar ValleyTamid Waterloo, LLCNon profit - Corporation2137.1
Pinnacle Specialty CareCare InitiativesNon profit - Corporation390.5
Ravenwood Specialty CareCare InitiativesNon profit - Corporation2128.6

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