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Thursday, November 21, 2024

Who owned The Springs at Watermark 3030 Park 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, The Springs at Watermark 3030 Park was owned by CT Watermark Operator, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Fairfield County, has been owned by CT Watermark Operator, LLC since June 1, 2016.

The Springs at Watermark 3030 Park 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 2.9 recorded for nursing homes in Connecticut. 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, The Springs at Watermark 3030 Park aided an average of 14.5 residents per day during the fourth quarter of 2023, with a total of 23 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Springs at Watermark 3030 Park achieved a zero-incident record for fines and penalties.

In total, there were 32 for-profit nursing homes in Fairfield County, Connecticut.

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 Fairfield County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
ARK Healthcare and Rehabilitation at St. CamillusAkiva Fried, Aaron Sodden, Allen Stein, and Allan WieselFor profit - Limited Liability company3110.4
Apple Rehabilitation Shelton LakesBrian FoleyFor profit - Individual193
Bethel Health Care CenterBethel Investors, LLC, Roland Butler, and Grace FlightFor profit - Limited Liability company2139.5
Cassena Care at StamfordPasquale Debenedictis, Ojeaga Russel, Soloman Rutenberg, and Alexander SoloveyFor profit - Limited Liability company4128.9
Civita Care Center at Long RidgeCT Opco Holding, LLCFor profit - Corporation499.4
Edgehill Health CenterB-IX Edgehill, LLCFor profit - Limited Liability company538.7
Filosa, for Nursing and RehabilitationBarbara Malone and Frank MaloneFor profit - Corporation557.9
Gardner Heights Health Care Center, Inc.Brian FoleyFor profit - Corporation3105.1
Glen HillcenterHarborside Danbury Limited PartnershipFor profit - Corporation290.3
Greenwich Woods RehabilitationMoshe Bernstein, Mordechai Blass, and Greenwich Woods Rehabilitation, LLCFor profit - Corporation482.9
Hancock HallBarbara Malone, Frank Malone, and Michael MaloneFor profit - Corporation586.7
Hewitt Health and Rehabilitation Center, Inc.Brian FoleyFor profit - Corporation194.4
Jewish Senior ServicesJewish Home for the Elderly of Fairfield County IncorporatedFor profit - Corporation4289.2
Lord Chamberlain ManorMartin Sbriglio and Robert SbriglioFor profit - Limited Liability company342.4
Lord Chamberlain Nursing and Rehabilitation CenterDR. Robert Sbriglio 2009 Trust, Martin Sbriglio 2009 Trust, Martin Sbriglio, and Robert SbriglioFor profit - Limited Liability company3181
Maefair Health Care CenterLawrence SantilliFor profit - Corporation3120.8
Newtown Rehabilitation and Health Care CenterValerie Chakalos-Santilli, Michael Mosier, and Lawrence SantilliFor profit - Limited Liability company193.2
Northbridge Health Care CenterLawrence SantilliFor profit - Corporation3126.5
Saint John Paul I I CenterHarborside Danbury Limited PartnershipFor profit - Corporation1125.7
Southport Center for Nursing and Rehabilitation, LLCSari Landa, Steven Landa, Menajem Salamon, and Mordejai SalamonFor profit - Individual1103.5
St. Joseph's CenterHarborside Danbury Limited PartnershipFor profit - Corporation1152.4
The Nathaniel WitherellTown of GreenwichGovernment - City3174.7
The Springs at Watermark 3030 ParkCT Watermark Operator, LLCFor profit - Corporation414.5
The Villa at StamfordSmith House Ventures, LLCFor profit - Limited Liability company4120.5
Western Rehabilitation Care CenterCT Opco Holding, LLCFor profit - Limited Liability company183.1
Wilton Meadows Health Care CenterFred Rzepka and Peter RzepkaFor profit - Corporation3119.9

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