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Thursday, November 21, 2024

Who owned Maple Springs of Palmer 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, Maple Springs of Palmer was owned by Maple Springs of Matsu Holdings, LLC and The Osiris Group, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Matanuska-Susitna County, has been owned by Maple Springs of Matsu Holdings, LLC and The Osiris Group, LLC since Aug. 17, 2017.

Maple Springs of Palmer 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 3.5 recorded for nursing homes in Alaska. 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, Maple Springs of Palmer aided an average of 59.2 residents per day during the fourth quarter of 2023, with a total of 67 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Maple Springs of Palmer spent a total of $95,625 in nine fines and suffered 10 penalties.

In total, there were two for-profit nursing homes in Matanuska-Susitna County, Alaska.

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 Matanuska-Susitna County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Maple Springs of PalmerMaple Springs of Matsu Holdings, LLC and The Osiris Group, LLCFor profit - Limited Liability company259.2
Maple Springs of WasillaMaple Springs of Matsu Holdings, LLC and The Osiris Group, LLCFor profit - Partnership345.6

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