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Saturday, November 23, 2024

Greenup County Nursing Homes: Who’s behind Oakmont Manor?

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CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

As of the fourth quarter of 2023, Oakmont Manor was owned by six stakeholders, according to Centers for Medicare and Medicaid Services (CMS).

Current Oakmont Manor owners are listed in the table below.

Oakmont Manor 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 2.7 recorded for nursing homes in Kentucky. 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, Oakmont Manor aided an average of 78.6 residents per day during the fourth quarter of 2023, with a total of 85 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Oakmont Manor spent a total of $14,513 in five fines and suffered five penalties.

In total, there were three for-profit nursing homes in Greenup County, Kentucky.

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 Greenup County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Oakmont ManorEli Grinspan, Kennedy KY Holdings, LLC, Kentucky Partners, LLC, KY Equity Partners, LLC, Benjamin Landa, and Philpson Family Limited Liability Company, LLCFor profit - Corporation278.6
South Shore Nursing and RehabilitationSouth Shore Nursing and Rehabilitation Holdings, LLCFor profit - Limited Liability company249.7
Wurtland Nursing and RehabilitationWurtland Nursing and Rehabilitation Holdings, LLCFor profit - Limited Liability company3101.5

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