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Tuesday, November 5, 2024

Who owned Pana Health and Rehabilitation 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, Pana Health and Rehabilitation Center was owned by School Illinois Holdco, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Christian County, has been owned by School Illinois Holdco, LLC since July 1, 2023.

Pana Health and Rehabilitation Center 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 2.6 recorded for nursing homes in Illinois. 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, Pana Health and Rehabilitation Center aided an average of 74.2 residents per day during the fourth quarter of 2023, with a total of 128 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Pana Health and Rehabilitation Center spent a total of $975 in one fine and suffered one penalty.

In total, there were four for-profit nursing homes in Christian County, Illinois.

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 Christian County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Pana Health and Rehabilitation CenterSchool Illinois Holdco, LLCFor profit - Corporation474.2
Taylorville Care CenterStephen MillerFor profit - Limited Liability company156
Taylorville Skilled Nursing and RehabilitationCrest Illinois Holdco, LLCFor profit - Individual378.4

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