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Thursday, November 7, 2024

Who owned Medilodge of Yale 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, Medilodge of Yale was owned by Fifteeninone Corporate Group, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in St. Clair County, has been owned by Fifteeninone Corporate Group, Inc. since Nov. 1, 2013.

Medilodge of Yale is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of five from the CMS, which is higher than 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, Medilodge of Yale aided an average of 77 residents per day during the fourth quarter of 2023, with a total of 108 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Medilodge of Yale spent a total of $9,555 in one fine and suffered one penalty.

In total, there were four for-profit nursing homes in St. Clair 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 St. Clair County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Marwood Manor Nursing HomeMclaren Port HuronNon profit - Corporation5209.7
Medilodge of YaleFifteeninone Corporate Group, Inc.For profit - Corporation577

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