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Thursday, May 9, 2024

The Springs of Richmond, a for-profit facility, had a rating of 2 in Q4 2023

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CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

As of the fourth quarter of 2023, The Springs of Richmond was owned by Henry County Memorial Hospital, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Wayne County, has been owned by Henry County Memorial Hospital since Sep. 1, 2019.

The Springs of Richmond 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 2.9 recorded for nursing homes in Indiana. 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, The Springs of Richmond aided an average of 40.6 residents per day during the fourth quarter of 2023, with a total of 70 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Springs of Richmond spent a total of $5,000 in one fine and suffered one penalty.

In total, there were six for-profit nursing homes in Wayne County, Indiana.

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 Wayne County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Ambassador HealthcareWitham Memorial HospitalFor profit - Partnership598.9
Arbor Trace Health and Living CommunityRiverview HospitalFor profit - Corporation297.3
Brickyard Healthcare - Golden Rule Care CenterHendricks County HospitalFor profit - Corporation284.9
Brickyard Healthcare - Richmond Care CenterHendricks County HospitalFor profit - Corporation152.5
Forest Park Health CampusHenry County Memorial HospitalGovernment - County354.4
Rosebud VillageThe Health and Hospital Corporation of Marion CountyFor profit - Corporation396.2
The Springs of RichmondHenry County Memorial HospitalFor profit - Partnership240.6
Willows of RichmondHenry County Memorial HospitalGovernment - County442.3

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