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Who owned Paddock Springs in Q4 2023?

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CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

As of the fourth quarter of 2023, Paddock Springs was owned by Hancock Regional Hospital, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Kosciusko County, has been owned by Hancock Regional Hospital since Nov. 1, 2014.

Paddock Springs 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 Indiana. 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, Paddock Springs aided an average of 56.2 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, Paddock Springs spent a total of $7,615 in one fine and suffered one penalty.

In total, there were four for-profit nursing homes in Kosciusko County, Indiana.

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 Kosciusko County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Grace Village Health Care FacilityWoodlawn HospitalGovernment - County350
Mason Health Care CenterRiverview HospitalGovernment - Hospital district275.3
Miller's Merry ManorJohnson Memorial HospitalFor profit - Corporation272.9
Paddock SpringsHancock Regional HospitalFor profit - Corporation556.2
The Waters of Syracuse Skilled Nursing FacilityJohnson Memorial HospitalFor profit - Corporation335.3
Warsaw MeadowsAdams County Memorial HospitalFor profit - Corporation154.9

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