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Saturday, December 21, 2024

Who owned Otterbein-Cridersville 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, Otterbein-Cridersville was owned by Otterbein LSC, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Auglaize County, has been owned by Otterbein LSC, LLC since Jan. 1, 2016.

Otterbein-Cridersville is registered as a non-profit facility.

During that period, the nursing home boasted an overall rating of four from the CMS, which is higher than the average of 2.8 recorded for nursing homes in Ohio. 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, Otterbein-Cridersville aided an average of 46.3 residents per day during the fourth quarter of 2023, with a total of 50 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Otterbein-Cridersville spent a total of $31,250 in three fines and suffered three penalties.

In total, there were two non-profit nursing homes in Auglaize County, Ohio.

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 Auglaize County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Cridersville Healthcare CenterLionstone HZ Opco Holdings, LLCFor profit - Corporation227.7
Grande Lake Healthcare CenterSxcy MSTR Lsco, LLCFor profit - Partnership337.8
Heritage Center for Rehabilitation and Speciality CareHillstone CR Holdings, LLCFor profit - Partnership145.8
Odem at AuglaizeATS Rehabilitation NJ, LLC, Mendel Seidenfeld, and Shmuel WeiszFor profit - Individual135
Otterbein St. Marys Retirement CommunityOtterbein HomesFor profit - Corporation546.8
Otterbein-CridersvilleOtterbein LSC, LLCNon profit - Corporation446.3
Vancrest of St. Mary'sJon Bagley, Joint Township District Memorial Hospital, Mark Myers, and Mark WhiteFor profit - Corporation443.6
Wapakoneta ManorHCF Operations, Inc.For profit - Corporation454.3

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