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Thursday, November 21, 2024

Who owned Regency Albany 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, Regency Albany was owned by Marvin Beddoe, James Clay, and Timothy Lehner, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Linn County, has been owned by Marvin Beddoe, James Clay, and Timothy Lehner since Feb. 16, 2006.

Regency Albany 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 2.9 recorded for nursing homes in Oregon. 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, Regency Albany aided an average of 39.7 residents per day during the fourth quarter of 2023, with a total of 74 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Regency Albany spent a total of $650 in one fine and suffered one penalty.

In total, there were three for-profit nursing homes in Linn County, Oregon.

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 Linn County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Avamere Rehabilitation of LebanonAriso, LLCFor profit - Corporation457.7
Lebanon Veterans HomeState of Oregon Department of Veterans AffairsGovernment - State1137.9
Regency AlbanyMarvin Beddoe, James Clay, and Timothy LehnerFor profit - Corporation439.7
Timberview Care CenterBrian Delamarter, Harold Delamarter, Prestige Care, Inc., and Gregory VislockyFor profit - Corporation559.6

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