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Saturday, December 21, 2024

Who owned Island Lake 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, Island Lake Center was owned by Gabriel Living Center, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Seminole County, has been owned by Gabriel Living Center, LLC since April 1, 2003.

Island Lake 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 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, Island Lake Center aided an average of 113.8 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, Island Lake Center spent a total of $663 in one fine and suffered one penalty.

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

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Island Lake CenterGabriel Living Center, LLCFor profit - Individual4113.8
Lake Mary Health and Rehabilitation CenterEpsilon Health Care Properties, LLCFor profit - Limited Liability company2108.3
Life Care Center of Altamonte SpringsForrest PrestonFor profit - Corporation3215.3
Longwood Health and Rehabilitation CenterLongwood Operations Holdings, LLCFor profit - Limited Liability company1112.9
Lutheran Haven Nursing HomeLutheran Haven, Inc.Non profit - Church related4-
Tuskawilla Nursing and Rehabilitation CenterSovereign Healthcare Holdings, LLCFor profit - Corporation290.4
Village on the GreenLifespace Communities, Inc.Non profit - Corporation544.7
West Altamonte Nursing and Rehabilitation CenterWest Altamonte Member, LLCFor profit - Limited Liability company395.7

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