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Thursday, November 21, 2024

Who owned Complete Care at Chestnut Hill, LLC 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, Complete Care at Chestnut Hill, LLC was owned by Chestnut Hill Holdco, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Passaic County, has been owned by Chestnut Hill Holdco, LLC since April 30, 2021.

Complete Care at Chestnut Hill, LLC 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 3.1 recorded for nursing homes in New Jersey. 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, Complete Care at Chestnut Hill, LLC aided an average of 105.1 residents per day during the fourth quarter of 2023, with a total of 111 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Complete Care at Chestnut Hill, LLC spent a total of $81,921 in two fines and suffered two penalties.

In total, there were 17 for-profit nursing homes in Passaic County, New Jersey.

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 Passaic County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Atlas Healthcare at Daughters of MiriamNJ Mazel Parentco 2, LLC and NJ Noble Parentco 2, LLCFor profit - Limited Liability company2182.5
Barnert Subacute Rehabilitation Center, LLC680 Broadway Healthcare Management, LLC, Barnert Associates, Edward Friedman, Nathan Friedman, Dolores Grosso, and RFGJ Medical Management, LLCFor profit - Limited Liability company450.6
Complete Care at Chestnut Hill, LLCChestnut Hill Holdco, LLCFor profit - Limited Liability company1105.1
Complete Care at Fair Lawn EdgeCCM at Passaic Holding, LLCFor profit - Corporation1131
Complete Care at Hamilton, LLCEef Capital, LLC and Peace Capital, LLCFor profit - Limited Liability company1105.3
Complete Care at Milford Manor, LLCMilford Manor Holdco, LLCFor profit - Limited Liability company3101.7
Doctors Subacute Healthcare, LLCMoshe Brodt, Yaakov Dorfman, Aryeh Gerson, Mendy Piller, and Jonah SvarcFor profit - Limited Liability company549
Health Center at BloomingdaleBloomingdale Nursing and Rehabilitation, LLC, Daniel Bruckstein, and Eugene EhrenfeldFor profit - Corporation3106.5

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