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Sunday, December 22, 2024

Who owned Portsmouth Health and Rehabilitation in Q4 2023?

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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, Portsmouth Health and Rehabilitation was owned by GL Virginia Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Portsmouth City County, has been owned by GL Virginia Holdings, LLC since Dec. 26, 2016.

Portsmouth Health and Rehabilitation is registered as a for-profit facility.

During that period, the nursing home had an overall rating of one from the CMS, which is lagging behind 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, Portsmouth Health and Rehabilitation aided an average of 84.3 residents per day during the fourth quarter of 2023, with a total of 120 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Portsmouth Health and Rehabilitation spent a total of $126,324 in one fine and suffered one penalty.

In total, there were three for-profit nursing homes in Portsmouth 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 Portsmouth City County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Autumn Care of PortsmouthSHG Autumn, LLCFor profit - Corporation194
Portside Health and Rehabilitation CenterSaber Healthcare Holdings, LLCFor profit - Corporation3110
Portsmouth Health and RehabilitationGL Virginia Holdings, LLCFor profit - Corporation184.3

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