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Friday, November 15, 2024

Who owned Pine Valley Center for Rehabilitation and Nursing in Q4 2023?

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, Pine Valley Center for Rehabilitation and Nursing was owned by Lawrence Koenig, Uri Koenig, and Efraim Steif, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Rockland County, has been owned by Lawrence Koenig, Uri Koenig, and Efraim Steif since Dec. 22, 2010.

Pine Valley Center for Rehabilitation and Nursing 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 New York. 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, Pine Valley Center for Rehabilitation and Nursing aided an average of 152 residents per day during the fourth quarter of 2023, with a total of 160 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Pine Valley Center for Rehabilitation and Nursing achieved a zero-incident record for fines and penalties.

In total, there were four for-profit nursing homes in Rockland County, New York.

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 Rockland County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Friedwald Center for Rehabilitation and Nursing, LLCBarry WinetFor profit - Individual4170.1
Helen Hayes Hospital R. H. C. F.State of New York Comptrollers OfficeGovernment - State517.1
Helen Hayes Hospital Transitional Care UnitState of New York Comptrollers OfficeGovernment - State514.8
Nyack Ridge Rehabilitation and Nursing CenterEdward Braunstein, Michael Braunstein, Jessica Diamond, Benjamin Einhorn, Cheryl Gellis, Daniel Hirsch, and Israel ZyskindFor profit - Partnership1155.5
Pine Valley Center for Rehabilitation and NursingLawrence Koenig, Uri Koenig, and Efraim SteifFor profit - Limited Liability company5152
The Willows at Ramapo Rehabilitation and Nursing CenterSanjay Ahuja, Neal Einhorn, Sharon Einhorn, Devorah Friedman, Mark Friedman, Namita Mohan, Vanita Mudgil, and Joseph ZimilesFor profit - Corporation4189.1

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