Quantcast

Sturgis-Coldwater News

Thursday, May 9, 2024

Who owned Laurels of Coldwater, the in Q4 2023?

Webp wpalw2touznsamd59tfl19pujhw4

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, Laurels of Coldwater, the was owned by Laurel Health Care Holdings, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Branch County, has been owned by Laurel Health Care Holdings, Inc. since Jan. 1, 2006.

Laurels of Coldwater, the is registered as a for-profit facility.

During that period, the nursing home had an overall rating of two from the CMS, which is lagging behind the average of 3.1 recorded for nursing homes in Michigan. 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, Laurels of Coldwater, the aided an average of 133.3 residents per day during the fourth quarter of 2023, with a total of 169 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Laurels of Coldwater, the spent a total of $246,950 in three fines and suffered five penalties.

In total, there was one for-profit nursing home in Branch County, Michigan.

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 Branch County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Laurels of Coldwater, theLaurel Health Care Holdings, Inc.For profit - Corporation2133.3

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS