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
Signature Healthcare at Colonial Rehabilitation and Wellness is registered as a for-profit facility.
During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.7 recorded for nursing homes in Kentucky. 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, Signature Healthcare at Colonial Rehabilitation and Wellness aided an average of 48.3 residents per day during the fourth quarter of 2023, with a total of 65 beds available. Currently, the nursing home is not located within a hospital.
As of the fourth quarter of 2023, Signature Healthcare at Colonial Rehabilitation and Wellness achieved a zero-incident record for fines and penalties.
In total, there were two for-profit nursing homes in Nelson County, Kentucky.
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 Home | Owner | Ownership Type | Overall Rating | Avg. No. of Residents per day |
---|---|---|---|---|
Landmark of Bardstown Rehabilitation and Nursing | A&M Healthcare Investments, LLC | For profit - Individual | 2 | 80.3 |
Signature Healthcare at Colonial Rehabilitation and Wellness | SHC LP Holdings, LLC | For profit - Corporation | 3 | 48.3 |