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Thursday, November 21, 2024

Who owned Heritage Square Healthcare Center in Q4 2023?

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CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

As of the fourth quarter of 2023, Heritage Square Healthcare Center was owned by David Vann and Boyd Wright, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Mississippi County, has been owned by David Vann and Boyd Wright since Nov. 1, 2018.

Heritage Square Healthcare Center is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is on par with the average of 3.0 recorded for nursing homes in Arkansas. 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, Heritage Square Healthcare Center aided an average of 70.8 residents per day during the fourth quarter of 2023, with a total of 86 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Heritage Square Healthcare Center achieved a zero-incident record for fines and penalties.

In total, there were four for-profit nursing homes in Mississippi County, Arkansas.

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 Mississippi County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Gosnell Health and RehabilitationDavid Vann and Boyd WrightFor profit - Corporation453.3
Harris Health and RehabilitationDavid Vann and Boyd WrightFor profit - Limited Liability company154.7
Heritage Square Healthcare CenterDavid Vann and Boyd WrightFor profit - Limited Liability company370.8
Manila Healthcare CenterDavid Vann and Boyd WrightFor profit - Limited Liability company264.4

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