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Thursday, November 21, 2024

Stratford Healthcare Center, a for-profit facility, had a rating of 3 in Q4 2023

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CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

As of the fourth quarter of 2023, Stratford Healthcare Center was owned by Saber Healthcare Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Danville City County, has been owned by Saber Healthcare Holdings, LLC since Jan. 1, 2014.

Stratford Healthcare Center is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.7 recorded for nursing homes in Virginia. 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, Stratford Healthcare Center aided an average of 52.2 residents per day during the fourth quarter of 2023, with a total of 60 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Stratford Healthcare Center achieved a zero-incident record for fines and penalties.

In total, there were three for-profit nursing homes in Danville City County, Virginia.

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 Danville City County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Piney Forest Health and Rehabilitation CenterPiney Forest Holdings I, LLCFor profit - Limited Liability company2117.4
Riverside Health and Rehabilitation CenterRiverside Holdings I, LLCFor profit - Corporation2171
Stratford Healthcare CenterSaber Healthcare Holdings, LLCFor profit - Corporation352.2

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