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Sunday, April 28, 2024

Who owned Life Care Center of Coeur D'Alene 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, Life Care Center of Coeur D'Alene was owned by Forrest Preston, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Kootenai County, has been owned by Forrest Preston since July 14, 1994.

Life Care Center of Coeur D'Alene is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is lagging behind the average of 3.4 recorded for nursing homes in Idaho. 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, Life Care Center of Coeur D'Alene aided an average of 73.5 residents per day during the fourth quarter of 2023, with a total of 120 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Life Care Center of Coeur D'Alene spent a total of $2,965 in three fines and suffered three penalties.

In total, there were six for-profit nursing homes in Kootenai County, Idaho.

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 Kootenai County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Advanced Health Care of Coeur D'Alene, LLCNew AHC Holdings, LLCFor profit - Limited Liability company432.1
Coeur D'Alene Health and Rehabilitation of CascadiaCascadia Idaho Operations, LLCFor profit - Corporation268.6
Ivy CourtPNW Healthcare Holdings, LLCFor profit - Corporation271.5
Life Care Center of Coeur D'AleneForrest PrestonFor profit - Corporation373.5
Life Care Center of Post FallsForrest PrestonFor profit - Limited Liability company260.4
Silver Ridge CarePNW Healthcare Holdings, LLCFor profit - Limited Liability company174.1

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