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Sunday, December 22, 2024

Martin County Nursing Homes: Who’s behind Martin Coast Center for Rehabilitation and Healthc?

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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, Martin Coast Center for Rehabilitation and Healthc was owned by THS Opco Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Martin County, has been owned by THS Opco Holdings, LLC since Feb. 1, 2022.

Martin Coast Center for Rehabilitation and Healthc 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 3.1 recorded for nursing homes in Florida. 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, Martin Coast Center for Rehabilitation and Healthc aided an average of 107.8 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, Martin Coast Center for Rehabilitation and Healthc spent a total of $31,653 in three fines and suffered three penalties.

In total, there were six for-profit nursing homes in Martin County, Florida.

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 Martin County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Martin Coast Center for Rehabilitation and HealthcTHS Opco Holdings, LLCFor profit - Limited Liability company2107.8
Martin Nursing and RehabilitationSarah Gottlieb, Steven Gottlieb, Herbert Jozefovic, and Mark NeumanFor profit - Corporation183.6
Palm City Nursing and Rehabilitation CenterSovereign Healthcare Holdings, LLCFor profit - Corporation3102.4
Seabranch Health and Rehabilitation CenterSimcha Hyman and Naftali ZanziperFor profit - Corporation299.9
Solaris Healthcare ParkwayParkway Healthcare Holdings, LLCNon profit - Corporation3168.5
Stuart Rehabilitation and HealthcareStuart Healthcare Holding, LLCFor profit - Limited Liability company496.3
Waters Edge Health and RehabilitationLCS Ship Venture I, LLCFor profit - Corporation530.8

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