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Thursday, November 21, 2024

Who owned Allegiant Wellness and Rehabilitation 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, Allegiant Wellness and Rehabilitation was owned by five stakeholders, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Tarrant County, has been owned by them since May 6, 2015.

Current Allegiant Wellness and Rehabilitation owners are listed in the table below.

Allegiant Wellness and Rehabilitation 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 2.5 recorded for nursing homes in Texas. 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, Allegiant Wellness and Rehabilitation aided an average of 34.8 residents per day during the fourth quarter of 2023, with a total of 60 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Allegiant Wellness and Rehabilitation spent a total of $11,541 in seven fines and suffered seven penalties.

In total, there were 61 for-profit nursing homes in Tarrant County, Texas.

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 Tarrant County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Allegiant Wellness and RehabilitationBurleson Rehabilitation and Care, LLC, Arif Fazal, Ripika Madan, Kajal Mehta, and Vikas YalamanchiliFor profit - Limited Liability company534.8
Arbor Lake Nursing and Rehabilitation, LLCLakeside Healthcare, LLCFor profit - Corporation380.9
Arbrook PlazaHamilton County Hospital DistrictFor profit - Limited Liability company496.7
Arlington Heights Health and Rehabilitation CenterHonor X. Enterprises, LLCFor profit - Limited Liability company398.6
Arlington Villas Rehabilitation and Healthcare CenterEdaws Investment Group, LPFor profit - Corporation158.6
Azle Manor Health Care and RehabilitationBurmont, Inc.For profit - Corporation1101.8
Bedford Wellness and RehabilitationCoryellcounty Memorial Hospital AuthorityFor profit - Corporation3132.5
Caraday of FT. WorthOlney-Hamilton Hospital DistrictFor profit - Limited Liability company169.2
Cityview Nursing and Rehabilitation CenterDecatur Hospital AuthorityFor profit - Corporation4148.8
Coral Rehabilitation and Nursing of ArlingtonDavid Efroymson and Mordechai GreenfieldFor profit - Corporation175.1
Crowley Nursing and RehabilitationWinnie-Stowell Hospital DistrictFor profit - Corporation383.7
Discovery Village at SouthlakeHcri Tucson Properties, Inc.For profit - Partnership434.4
Downtown Health and Rehabilitation CenterFannin County Hospital AuthorityFor profit - Corporation196.9
Fort Worth Transitional Care CenterDecatur Hospital AuthorityGovernment - Hospital district174.3
Fort Worth Wellness and RehabilitationCoryellcounty Memorial Hospital AuthorityFor profit - Limited Liability company277.2
Garden Terrace Alzheimer's Center of ExcellenceForrest PrestonFor profit - Corporation234
Glenview Wellness and RehabilitationCoryellcounty Memorial Hospital AuthorityFor profit - Corporation284.4
Grapevine Medical LodgeDecatur Hospital AuthorityFor profit - Individual587.5
Green Oaks Nursing and RehabilitationWinnie-Stowell Hospital DistrictGovernment - Hospital district185.1
Green Valley Healthcare and Rehabilitation CenterEastland Memorial Hospital DistrictFor profit - Corporation190.1
Greenbrier Health Care CenterSummit Long Term Care Holdco, LLCFor profit - Limited Liability company242.7
Hurst Plaza Nursing and RehabilitationMaverick County Hospital DistrictFor profit - Corporation264.5
Ignite Medical Resort Fort Worth, LLCIgnite Fort Worth JV, LLC, Ignite Medical Resort Fort Worth, LLC, and Ignite-Villa Holdco, LLCFor profit - Corporation461.6
Immanuel's HealthcareBrian Thomas and Ricardo VillaFor profit - Limited Liability company166.6
Interlochen Health and Rehabilitation CenterFannin County Hospital AuthorityFor profit - Limited Liability company276.4
Keller Oaks Healthcare CenterEastland Memorial Hospital DistrictGovernment - Hospital district4113.2
LA Dora Nursing and Rehabilitation CenterFannin County Hospital AuthorityFor profit - Limited Liability company453.2
Lake Lodge Nursing and RehabilitationHonor X. Enterprises, LLCFor profit - Corporation180.4
Legend Oaks Healthcare and Rehabilitation - FortEastland Memorial Hospital DistrictFor profit - Corporation173.4
Life Care Center of HaltomForrest PrestonFor profit - Individual3102.5
Mansfield Medical LodgeDecatur Hospital AuthorityFor profit - Limited Liability company194
Mansfield Nursing and Rehabilitation CenterHamilton County Hospital DistrictFor profit - Corporation270.9
Marine Creek Nursing and RehabilitationWest Wharton County Hospital DistrictGovernment - Hospital district2118.8
Matlock Place Health and Rehabilitation CenterParker County Hospital DistrictGovernment - Hospital district3112.1
North Pointe Nursing and RehabilitationHonor X. Enterprises, LLCFor profit - Individual267.7
Oakmont Guest Care Center, LLCGamvest Texas, LLCFor profit - Limited Liability company2105.2
Parkwood Healthcare CommunityLCS PHC Operator MM, LLC and LCS PHC Tenant MM, LLCFor profit - Limited Liability company461.2
Pecan Manor Nursing and RehabilitationJustin Johnson and Christopher SlimmerFor profit - Corporation138
Pure Health Transitional Care at THR ArlingtonTX ACT Op Holdings, LLCFor profit - Corporation543.2
Remarkable Healthcare of Dallas, LPRemarkable Healthcare of Dallas, LPFor profit - Partnership175.7
Renaissance Park Multi Care CenterLife Care Affiliates IIFor profit - Corporation356
Richland Hills Rehabilitation and Healthcare CenterEastland Memorial Hospital DistrictFor profit - Limited Liability company156.9
Ridgmar Medical LodgeDecatur Hospital AuthorityFor profit - Corporation373.6
River Oaks Health and Rehabilitation CenterBobby Bergeron and Louis NicholsonFor profit - Partnership145.7
Stonegate Nursing and RehabilitationWinnie-Stowell Hospital DistrictFor profit - Limited Liability company276.8
The Lodge at Bear CreekMaverick County Hospital DistrictGovernment - Hospital district573.4
The Lodge of Saginaw Health and WellnessML, LLCFor profit - Limited Liability company266
The Pavilion at CreekwoodTHI of Texas, LLCFor profit - Limited Liability company393
The Watermark at Broadway CityviewWatermark BRE Investments, LLCFor profit - Limited Liability company435
Trail Lake Nursing and RehabilitationEastland Memorial Hospital DistrictFor profit - Limited Liability company266.8
Village Creek Nursing HomeLakeside Healthcare, LLCFor profit - Individual283.4
Westpark Rehabilitation and LivingEastland Memorial Hospital DistrictFor profit - Limited Liability company267.2

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