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Thursday, November 21, 2024

Who owned Flatirons Health and Rehabilitation, LLC in Q4 2023?

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CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

As of the fourth quarter of 2023, Flatirons Health and Rehabilitation, LLC was owned by Axiom Healthcare Alliance, LLC, Lucky Guys Holdings, LLC, and Thomas Mann, according to Centers for Medicare and Medicaid Services (CMS).

Flatirons Health and Rehabilitation, LLC 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 3.0 recorded for nursing homes in Colorado. 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, Flatirons Health and Rehabilitation, LLC aided an average of 40.4 residents per day during the fourth quarter of 2023, with a total of 45 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Flatirons Health and Rehabilitation, LLC spent a total of $19,792 in four fines and suffered four penalties.

In total, there were nine for-profit nursing homes in Boulder County, Colorado.

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 Boulder County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Accel at LongmontLongmont TC, LLCFor profit - Limited Liability company246
Boulder Canyon Health and RehabilitationEndura Healthcare, LLCFor profit - Corporation3108.3
Boulder Post AcuteCentennial Master Tenant, LLCFor profit - Corporation3141.1
Coal Creek Post Acute and Assisted LivingGenesis PM County Operations, LLCFor profit - Corporation223.5
Flatirons Health and Rehabilitation, LLCAxiom Healthcare Alliance, LLC, Lucky Guys Holdings, LLC, and Thomas MannFor profit - Limited Liability company440.4
Life Care Center of LongmontLife Care Affiliates IIFor profit - Corporation5118.8
Linden Place Health and Rehabilitation CenterRocky Mountain Skilled Nursing Facility Holdings, LLCFor profit - Corporation370.5
The Peaks Care CenterBogie33, Steve Fridrich, David Schultz, The Hassan Essayli Trust, Tkaac Enterprises, and Steven VeluscekFor profit - Corporation354.5

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