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Thursday, November 21, 2024

Who owned Cadia Rehabilitation Capitol 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, Cadia Rehabilitation Capitol was owned by five stakeholders, according to Centers for Medicare and Medicaid Services (CMS).

Current Cadia Rehabilitation Capitol owners are listed in the table below.

Cadia Rehabilitation Capitol 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 3.6 recorded for nursing homes in Delaware. 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, Cadia Rehabilitation Capitol aided an average of 107.1 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, Cadia Rehabilitation Capitol spent a total of $25,028 in one fine and suffered one penalty.

In total, there were five for-profit nursing homes in Kent County, Delaware.

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 Kent County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Cadia Rehabilitation CapitolEric Schafer, Lauren Schafer, Ron Schafer, Jonathan Silver, and Stephen SilverFor profit - Limited Liability company4107.1
Complete Care at Silver Lake, LLCDE Opcos LLC, PCFor profit - Limited Liability company2106.3
Courtland ManorDaniel Schurman and Sandra SchurmanFor profit - Corporation556.8
Pinnacle Rehabilitation and Health CenterEfraim RoozFor profit - Corporation2127.8
Westminster Village HealthPHINon profit - Church related464.1

ORGANIZATIONS IN THIS STORY

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