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Thursday, November 21, 2024

Who owned Copper Ridge Care 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, Copper Ridge Care Center was owned by Hudson River Opco, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Shasta County, has been owned by Hudson River Opco, LLC since Dec. 20, 2019.

Copper Ridge Care Center is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of five from the CMS, which is higher than the average of 3.2 recorded for nursing homes in California. 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, Copper Ridge Care Center aided an average of 110.6 residents per day during the fourth quarter of 2023, with a total of 125 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Copper Ridge Care Center achieved a zero-incident record for fines and penalties.

In total, there were eight for-profit nursing homes in Shasta County, California.

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 Shasta County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Copper Ridge Care CenterHudson River Opco, LLCFor profit - Corporation5110.6
Marquis Care at ShastaPhillip Fogg and Marquis Companies I, Inc.For profit - Corporation4105.8
Quartz Hill Post AcuteValley Capital Investments, LLC and West Harbor Healthcare, LLCFor profit - Limited Liability company3101.4
Redding Post AcuteValley Capital Investments, LLC and West Harbor Healthcare, LLCFor profit - Limited Liability company572.6
Veterans Home of California - ReddingDepartment of Veterans Affairs of the State of CaliforniaGovernment - State441.4

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