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Thursday, November 21, 2024

Who owned North Woods Village 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, North Woods Village was owned by The Health and Hospital Corporation of Marion County, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Howard County, has been owned by The Health and Hospital Corporation of Marion County since Jan. 1, 2003.

North Woods Village is registered as a non-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.9 recorded for nursing homes in Indiana. 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, North Woods Village aided an average of 112.3 residents per day during the fourth quarter of 2023, with a total of 164 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, North Woods Village achieved a zero-incident record for fines and penalties.

In total, there were two non-profit nursing homes in Howard County, Indiana.

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 Howard County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Aperion Care KokomoMajor HospitalFor profit - Limited Liability company155.1
Brickyard Healthcare -Sycamore Village Care CenterHendricks County HospitalFor profit - Corporation197.1
Century Villa Health CarePutnam County HospitalNon profit - Corporation262.3
Kokomo Healthcare CenterHancock Regional HospitalFor profit - Corporation272.5
North Woods VillageThe Health and Hospital Corporation of Marion CountyNon profit - Corporation3112.3
Waterford Place Health CampusWitham Memorial HospitalGovernment - County167.7
Wellbrooke of KokomoWitham Memorial HospitalFor profit - Limited Liability company151.4

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