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Thursday, November 21, 2024

Who owned Renaissance Rehabilitation and Nursing Care Center in Q4 2023?

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, Renaissance Rehabilitation and Nursing Care Center was owned by Fifth Avenue Renaissance, LLC and JFK Acquisition, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Dutchess County, has been owned by Fifth Avenue Renaissance, LLC and JFK Acquisition, LLC since Jan. 1, 2018.

Renaissance Rehabilitation and Nursing Care Center 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 2.9 recorded for nursing homes in New York. 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, Renaissance Rehabilitation and Nursing Care Center aided an average of 114.8 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, Renaissance Rehabilitation and Nursing Care Center achieved a zero-incident record for fines and penalties.

In total, there were 10 for-profit nursing homes in Dutchess County, New York.

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 Dutchess County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Fishkillcenter for Rehabilitation and NursingMacHla Abramczyk, Esther Farkowitz, Richard Platschek, and Robert SchuckFor profit - Corporation1150
Renaissance Rehabilitation and Nursing Care CenterFifth Avenue Renaissance, LLC and JFK Acquisition, LLCFor profit - Corporation1114.8
Sapphire Nursing at WappingersMacHla Abramczyk, Esther Farkowitz, Richard Platschek, and Robert SchuckFor profit - Limited Liability company256
Taconic Rehabilitation and Nursing at BeaconStephen Eaton Mercurio and Michael FarbenblumFor profit - Corporation2103.1
The Grand Rehabilitation and Nursing at PawlingJeremy StraussFor profit - Corporation498.4

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