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Friday, May 17, 2024

Who owned Park Center Healthcare 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, Park Center Healthcare and Rehabilitation was owned by Park Cernter Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Mahoning County, has been owned by Park Cernter Holdings, LLC since March 8, 2021.

Park Center Healthcare and Rehabilitation 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 2.8 recorded for nursing homes in Ohio. 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, Park Center Healthcare and Rehabilitation aided an average of 92.1 residents per day during the fourth quarter of 2023, with a total of 99 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Park Center Healthcare and Rehabilitation spent a total of $161,834 in five fines and suffered seven penalties.

In total, there were 25 for-profit nursing homes in Mahoning County, Ohio.

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 Mahoning County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Austintown Healthcare CenterSxcy MSTR Lsco, LLCFor profit - Individual365.7
Austinwoods Rehabilitation Health CareKathy PrasadFor profit - Individual590.8
Aventura at Humility HouseAwesome Healthcare Assets, LLC and Eom Health Care Holdings, LLCFor profit - Corporation264.4
Beeghly Oaks Center for Rehabilitation and HealingBoruch Fink, Joseph Friedman, David Oberlander, Sholem Oberlander, Quartex, LLC, and Sam Investments, LLCFor profit - Corporation182.8
Briarfield ManorDiane Reese and Edward ReeseFor profit - Individual261.4
Briarfield PlaceDiane Reese and Edward ReeseFor profit - Corporation452.8
Briarfield at Ashley CircleDiane Reese and Edward ReeseFor profit - Partnership466.6
Canfield Acres, LLCJohn MasternickFor profit - Corporation362
Canfield Healthcare CenterSxcy MSTR Lsco, LLCFor profit - Corporation273.3
Danridges Burgundi ManorHillstone Healthcare, Inc.For profit - Corporation243.5
Greenbriar CenterOMG LS Leasing Company, LLCFor profit - Corporation192.2
Hampton Woods Nursing Center, Inc.Kathy PrasadFor profit - Corporation458.7
Maplecrest Nursing and HTAMaplecrest Holding County, Inc.For profit - Individual550.4
Masternick Memorial Health Care CenterJohn MasternickFor profit - Corporation586.5
Oasis Center for Rehabilitation and HealingBoruch Fink, Joseph Friedman, David Oberlander, Sholem Oberlander, Quartex, LLC, and Sam Investments, LLCFor profit - Individual188.9
Omni Manor Nursing HomeJohn MasternickFor profit - Corporation2119
Park Center Healthcare and RehabilitationPark Cernter Holdings, LLCFor profit - Partnership292.1
Park Vista Nursing and Rehabilitation by Mcare HealthPark Vista Holding Group, LLCFor profit - Corporation185.7
St. Mary's Alzheimer's CenterJohn MasternickFor profit - Corporation577.7
The Center for Rehabilitation at Hampton WoodsKathy PrasadFor profit - Corporation519.6
Vista Center of BoardmanContinuing Healthcare Solutions, Inc.For profit - Corporation149.3
Windsor Health Care CenterJohn MasternickFor profit - Corporation351

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