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Monday, December 23, 2024

Who owned Majestic Care of Sheridan in Q4 2023?

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CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

As of the fourth quarter of 2023, Majestic Care of Sheridan was owned by Daviess County Hospital, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Hamilton County, has been owned by Daviess County Hospital since Aug. 1, 2016.

Majestic Care of Sheridan is registered as a public facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than 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, Majestic Care of Sheridan aided an average of 78.9 residents per day during the fourth quarter of 2023, with a total of 80 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Majestic Care of Sheridan spent a total of $2,925 in three fines and suffered three penalties.

In total, there were three public nursing homes in Hamilton 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 Hamilton County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Allisonville MeadowsThe Health and Hospital Corporation of Marion CountyNon profit - Corporation2131.9
Bridgewater Healthcare CenterHancock Regional HospitalFor profit - Corporation196
Carmel Health and Living CommunityRiverview HospitalFor profit - Corporation1133.4
Copper Trace Health and Living CommunityRiverview HospitalNon profit - Corporation5102.3
Hamilton Trace of FishersHendricks County HospitalFor profit - Corporation4105.3
Harbour Manor Health and Living CommunityRiverview HospitalFor profit - Corporation3110.8
Majestic Care of CarmelPulaski Memorial HospitalGovernment - County353.5
Majestic Care of SheridanDaviess County HospitalGovernment - City/county378.9
Maple Park VillageThe Health and Hospital Corporation of Marion CountyGovernment - County384.2
Mcgivney Health Care CenterWitham Memorial HospitalNon profit - Corporation134
Prairie Lakes Health CampusHancock Regional HospitalFor profit - Limited Liability company452.4
Restoracy of CarmelMajor HospitalFor profit - Limited Liability company164.6
Riverwalk VillageThe Health and Hospital Corporation of Marion CountyNon profit - Corporation1118.8
The Barrington of CarmelBHI Retirement Communities, Inc.Non profit - Corporation515.6
The Retreat at the StratfordBenjamin Thompson, Donald Thompson, and Joshua ThompsonFor profit - Corporation512.4
Wellbrooke of CarmelWitham Memorial HospitalFor profit - Partnership150.3
Wellbrooke of WestfieldHancock Regional HospitalFor profit - Corporation249.3

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