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Thursday, November 7, 2024

Who owned Rex Rehabilitation and Nursing Care Center in Q4 2023?

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, Rex Rehabilitation and Nursing Care Center was owned by The New Trustees of the Rex Hospital, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Wake County, has been owned by The New Trustees of the Rex Hospital, Inc. since March 16, 1986.

Rex Rehabilitation and Nursing Care Center is registered as a non-profit facility.

During that period, the nursing home boasted an overall rating of four from the CMS, which is higher than the average of 2.6 recorded for nursing homes in North Carolina. 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, Rex Rehabilitation and Nursing Care Center aided an average of 91 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, Rex Rehabilitation and Nursing Care Center achieved a zero-incident record for fines and penalties.

In total, there were four non-profit nursing homes in Wake County, North Carolina.

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 Wake County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Bellarose Nursing and RehabilitationKisa Evans, Riley Evans, Robert Evans, Toni Evans, Rosemary Miller, William Miller, and Debbie SherrillFor profit - Corporation489.4
Capital Nursing and Rehabilitation CenterLiberty Commons Nursing and Rehabilitation Center of Wake County, LLC, Liberty Long Term Care, LLC, John McNeill, and Ronald McNeillFor profit - Corporation395.7
Cary Health and RehabilitationCentennial Healthcare Holding Company, LLCFor profit - Corporation194.2
Hillcrest Raleigh at Crabtree ValleyHillcrest Convalescent Center, Inc.For profit - Corporation398.7
Hillside Nursing Center of Wake ForestRichard Bennett, Mary Margaret Clifton, Riley Evans, Robert Evans, and Florence JonhsonFor profit - Corporation4101.6
Litchford Falls HealthcareDonald BeaverFor profit - Corporation475.6
Pruitthealth-RaleighUnited Health Services of North Carolina, Inc.For profit - Corporation2142.4
Raleigh Rehabilitation CenterSovereign Carolina Holdings, LLCFor profit - Corporation1131.6
Rex Rehabilitation and Nursing Care CenterThe New Trustees of the Rex Hospital, Inc.Non profit - Corporation491
Sunnybrook Rehabilitation CenterSovereign Carolina Holdings, LLCFor profit - Limited Liability company286.4
Swift Creek Health CenterCary Senior Housing I JV Opco, LLCFor profit - Limited Liability company424.2
The Cardinal at North HillsScott KohlbergFor profit - Corporation312.7
The Laurels of Forest GlennLaurel Health Care Holdings, Inc.For profit - Corporation1107.2
Tower Nursing and Rehabilitation CenterRaymond Hill, Robert Hill, Stephen Hill, Principle It Services, Inc., and Principle Long Term Care, Inc.For profit - Corporation176.6
UNC Rex Rehabilitation and Nursing Care Center of ApexThe New Trustees of the Rex Hospital, Inc.Non profit - Corporation592.9
Universal Health Care/Fuquay-VarinaUniversal Health Care Fuquay-Varina, Inc.For profit - Limited Liability company182.3
Universal Health Care/North RaleighDonald Beaver and Universal Health Care / North Raleigh, Inc.For profit - Corporation1103
Wellington Rehabilitation and HealthcareCentennial Healthcare Holding Company, LLCFor profit - Limited Liability company173.2
Zebulon Rehabilitation CenterSovereign Carolina Holdings, LLCFor profit - Corporation354.9

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