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Friday, October 18, 2024

Who owned Avamere Olympic Rehabilitation of Sequim in Q4 2023?

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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

As of the fourth quarter of 2023, Avamere Olympic Rehabilitation of Sequim was owned by Ariso, LLC and Avamere Health Services, LLC, according to Centers for Medicare and Medicaid Services (CMS).

Avamere Olympic Rehabilitation of Sequim is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is lagging behind the average of 3.2 recorded for nursing homes in Washington. 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, Avamere Olympic Rehabilitation of Sequim aided an average of 80.1 residents per day during the fourth quarter of 2023, with a total of 90 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Avamere Olympic Rehabilitation of Sequim spent a total of $38,328 in two fines and suffered two penalties.

In total, there were three for-profit nursing homes in Clallam County, Washington.

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 Clallam County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Avamere Olympic Rehabilitation of SequimAriso, LLC and Avamere Health Services, LLCFor profit - Limited Liability company380.1
Olympic View CarePNW Healthcare Holdings, LLCFor profit - Limited Liability company169.4
Sequim Health and RehabilitationPNW Healthcare Holdings, LLCFor profit - Limited Liability company173.3

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