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Thursday, November 7, 2024

The Foley Center at Chestnut Ridge, a for-profit facility, had a rating of 4 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, The Foley Center at Chestnut Ridge was owned by Liberty Healthcare Group, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Watauga County, has been owned by Liberty Healthcare Group, LLC since Oct. 1, 2019.

The Foley Center at Chestnut Ridge is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of four from the CMS, which is higher than the average of 2.6 recorded for nursing homes in North Carolina. 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, The Foley Center at Chestnut Ridge aided an average of 62.5 residents per day during the fourth quarter of 2023, with a total of 92 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Foley Center at Chestnut Ridge spent a total of $5,413 in one fine and suffered one penalty.

In total, there were two for-profit nursing homes in Watauga County, North Carolina.

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 Watauga County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Glenbridge Health and RehabiltationGlenbridge Health and RehabilitationFor profit - Limited Liability company380.8
The Foley Center at Chestnut RidgeLiberty Healthcare Group, LLCFor profit - Limited Liability company462.5

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