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Tuesday, December 24, 2024

Who owned Colorado Veterans Community Living Center at Homelake in Q4 2023?

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CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

As of the fourth quarter of 2023, Colorado Veterans Community Living Center at Homelake was owned by State of Colorado, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Rio Grande County, has been owned by State of Colorado since Jan. 12, 2007.

Colorado Veterans Community Living Center at Homelake is registered as a public facility.

During that period, the nursing home boasted an overall rating of five from the CMS, which is higher than the average of 3.0 recorded for nursing homes in Colorado. 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, Colorado Veterans Community Living Center at Homelake aided an average of 39.5 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, Colorado Veterans Community Living Center at Homelake achieved a zero-incident record for fines and penalties.

In total, there was one public nursing home in Rio Grande County, Colorado.

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 Rio Grande County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Colorado Veterans Community Living Center at HomelakeState of ColoradoGovernment - State539.5
Monte Vista Estates, LLCDakavia Management, Corp. and Kent EmryFor profit - Limited Liability company125.8
River Valley Rehabilitation and Healthcare CenterCentennial Colorado Holdco, LLCFor profit - Corporation149.1

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