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Saturday, May 4, 2024

A look at Silvercrest Health and Rehabilitation Center, a nursing home in Crestview, Florida

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, Silvercrest Health and Rehabilitation Center was owned by Silvercrest Operating Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Okaloosa County, has been owned by Silvercrest Operating Holdings, LLC since Dec. 6, 2021.

Silvercrest Health and Rehabilitation Center 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 3.1 recorded for nursing homes in Florida. 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, Silvercrest Health and Rehabilitation Center aided an average of 55.3 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, Silvercrest Health and Rehabilitation Center achieved a zero-incident record for fines and penalties.

In total, there were six for-profit nursing homes in Okaloosa County, Florida.

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 Okaloosa County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Crestview Rehabilitation Center, LLCSovereign Healthcare Holdings, LLCFor profit - Corporation5133.9
Fort Walton Rehabilitation Center, LLCSovereign Healthcare Holdings, LLCFor profit - Limited Liability company5107.2
Shoal Creek Rehabilitation CenterEpsilon Health Care Properties, LLCFor profit - Limited Liability company1113
Silvercrest Health and Rehabilitation CenterSilvercrest Operating Holdings, LLCFor profit - Individual555.3
The Manor at Blue Water BayDuane GallagherFor profit - Limited Liability company5114
Westwood Nursing and Rehabilitation CenterWestwood Holdings, LLCFor profit - Partnership548.4

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