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Monday, May 13, 2024

Who owned Park Bend Health 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, Park Bend Health Center was owned by Stratford Hospital District, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Travis County, has been owned by Stratford Hospital District since June 1, 2020.

Park Bend Health 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 2.5 recorded for nursing homes in Texas. 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, Park Bend Health Center aided an average of 97.5 residents per day during the fourth quarter of 2023, with a total of 124 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Park Bend Health Center spent a total of $53,032 in six fines and suffered six penalties.

In total, there were 17 for-profit nursing homes in Travis County, Texas.

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 Travis County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Austin Wellness and RehabilitationCoryellcounty Memorial Hospital AuthorityGovernment - Hospital district188.2
Barton Valley Rehabilitation and Healthcare CenterNexion Health of Ohi, Inc.For profit - Corporation1101.3
Brodie Ranch Nursing and Rehabilitation CenterHamilton County Hospital DistrictGovernment - Hospital district180
Brookdale Lakeway Skilled Nursing FacilityAmerican Retirement CorporationFor profit - Corporation370.6
Brookdale Westlake HillsArcpi Holdings, Inc.For profit - Corporation473.2
Brush Country Nursing and RehabilitationWest Wharton County Hospital DistrictFor profit - Limited Liability company285.5
Buckner Villa Siesta HomeBuckner Baptist BenevolencesNon profit - Corporation358.3
Gracy Woods Nursing CenterMenachem ShapiroFor profit - Corporation183.4
Heritage Park Rehabilitation and Skilled Nursing C.Val Verde County Hospital DistrictFor profit - Corporation2186.8
Juniper Village at Spicewood SummitS-H Forty-Nine Opco Ventures, LLCFor profit - Limited Liability company325.4
Legend Oaks Healthcare and Rehabilitation - NorthGuadalupe County Hospital BoardGovernment - Hospital district2106.6
Oakcrest Nursing and Rehabilitation CenterNana PelegFor profit - Corporation260
Oasis of AustinZachary LapinFor profit - Limited Liability company163.6
Onion Creek Nursing and Rehabilitation CenterHamilton County Hospital DistrictFor profit - Corporation298
Park Bend Health CenterStratford Hospital DistrictFor profit - Corporation497.5
Park Manor Bee CaveHamilton County Hospital DistrictFor profit - Limited Liability company380.6
Retirement and Nursing Center AustinCoryellcounty Memorial Hospital AuthorityGovernment - Hospital district172.7
Riverside Nursing and Rehabilitation CenterHamilton County Hospital DistrictFor profit - Individual186.3
Sedona Trace Health and Wellness CenterGuadalupe County Hospital BoardFor profit - Corporation392.6
Southpark Meadows Nursing and Rehabilitation CenterSmithville Hospital AuthorityGovernment - Hospital district2106.1
Stonebridge Health RehabilitationStratford Hospital DistrictFor profit - Corporation362.4
West Oaks Nursing and Rehabilitation CenterHamilton County Hospital DistrictFor profit - Corporation194.6
Windsor Nursing and Rehabilitation Center of DuvalVal Verde County Hospital DistrictGovernment - Hospital district3206

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