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Saturday, November 2, 2024

Who owned Life Care Center of Sarasota in Q4 2023?

As of the fourth quarter of 2023, Life Care Center of Sarasota was owned by Life Care Centers of America, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Manatee County, has been owned by Life Care Centers of America, Inc. since Aug. 24, 2015.

Life Care Center of Sarasota 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 3.1 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, Life Care Center of Sarasota aided an average of 111.5 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, Life Care Center of Sarasota spent a total of $45,510 in one fine and suffered one penalty.

In total, there were 10 for-profit nursing homes in Manatee 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 Manatee County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Bay Vue Nursing and Rehabilitation CenterSarah Gottlieb, Steven Gottlieb, Herbert Jozefovic, and Mark NeumanFor profit - Corporation490.7
Braden River Rehabilitation Center, LLCSovereign Healthcare Holdings, LLCFor profit - Corporation3168.5
Bradenton Health CareEpsilon Health Care Properties, LLCFor profit - Corporation298.2
Casa Mora Rehabilitation and Extended CareFi-Casa Mora, LLCNon profit - Other4174.9
Greenbriar Healthcare Rehabilitation and Nursing C.Greenbriar Skilled Nursing Facility Holdco, LLCFor profit - Individual276.2
Life Care Center of SarasotaLife Care Centers of America, Inc.For profit - Corporation4111.5
Manatee Springs Rehabilitation and Nursing CenterManatee Holdings, LLCFor profit - Limited Liability company3111.7
Riviera Palms Rehabilitation CenterSovereign Healthcare Holdings, LLCFor profit - Limited Liability company2102.1
Surrey Place Healthcare and RehabilitationAlan Davis, Joseph Mitchell, and Summit Care Group II Operations Holdings, LLCFor profit - Corporation567.3
The INN at Freedom VillageCCRC Opco Ventures, LLCFor profit - Limited Liability company482.3

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