Who owned Embassy of Park Avenue in Q4 2023?

Who owned Embassy of Park Avenue in Q4 2023?
CMS Administrator Chiquita Brooks-LaSure — Wikipedia
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As of the fourth quarter of 2023, Embassy of Park Avenue was owned by Embassy PA Tenant 2 Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Crawford County, has been owned by Embassy PA Tenant 2 Holdings, LLC since Nov. 10, 2020.

Embassy of Park Avenue is registered as a for-profit facility.

During that period, the nursing home had an overall rating of two from the CMS, which is lagging behind the average of 2.9 recorded for nursing homes in Pennsylvania. 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, Embassy of Park Avenue aided an average of 104.9 residents per day during the fourth quarter of 2023, with a total of 173 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Embassy of Park Avenue spent a total of $25,556 in three fines and suffered three penalties.

In total, there were three for-profit nursing homes in Crawford County, Pennsylvania.

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 Crawford County as of Q4 2023

Nursing Home Owner Ownership Type Overall Rating Avg. No. of Residents per day
Embassy of Park Avenue Embassy PA Tenant 2 Holdings, LLC For profit – Corporation 2 104.9
Rolling Fields, Inc. Gerry Homes, Inc. For profit – Corporation 1 102.2
Titusville Healthcare and Rehabilitation Center Guardian Healthcare Gol Group, LLC For profit – Corporation 4 63.5


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