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Sunday, April 28, 2024

Who owned Hallmark Healthcare 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, Hallmark Healthcare Center was owned by THI of South Carolina, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Dorchester County, has been owned by THI of South Carolina, LLC since July 20, 2017.

Hallmark Healthcare Center 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 2.8 recorded for nursing homes in South 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, Hallmark Healthcare Center aided an average of 78.2 residents per day during the fourth quarter of 2023, with a total of 88 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Hallmark Healthcare Center spent a total of $4,555 in four fines and suffered four penalties.

In total, there were three for-profit nursing homes in Dorchester County, South 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 Dorchester County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Hallmark Healthcare CenterTHI of South Carolina, LLCFor profit - Limited Liability company278.2
Oakbrook Health and Rehabilitation CenterTHI of South Carolina, LLCFor profit - Limited Liability company477.4
Presbyterian Communities of South Carolina-SummervPresbyterian Communities of South CarolinaNon profit - Corporation534.7
St. George Healthcare CenterTHI of South Carolina, LLCFor profit - Limited Liability company178.7

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