Quantcast

North Iowa Reporter

Wednesday, May 15, 2024

Who owned Chautauqua Guest Home #3 in Q4 2023?

Webp c3z3pxoafeqv3nmyb07r8hl9he5y

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, Chautauqua Guest Home #3 was owned by four stakeholders, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Floyd County, has been owned by them since Jan. 1, 1970.

Current Chautauqua Guest Home #3 owners are listed in the table below.

Chautauqua Guest Home #3 is registered as a for-profit facility.

During that period, the nursing home boasted an overall rating of five from the CMS, which is higher than the average of 2.9 recorded for nursing homes in Iowa. 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, Chautauqua Guest Home #3 aided an average of 39.8 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, Chautauqua Guest Home #3 achieved a zero-incident record for fines and penalties.

In total, there were three for-profit nursing homes in Floyd County, Iowa.

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 Floyd County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Chautauqua Guest Home #2David Ayers, John Ayers, Susan Jespersen, and Judith McGinleyFor profit - Corporation536
Chautauqua Guest Home #3David Ayers, John Ayers, Susan Jespersen, and Judith McGinleyFor profit - Corporation539.8
Nora Springs Care CenterABCM CorporationFor profit - Corporation444.9

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS