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Thursday, November 7, 2024

Edgewater at Waterman Village, a non-profit facility, had a rating of 5 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, Edgewater at Waterman Village was owned by Waterman Communities, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Lake County, has been owned by Waterman Communities, Inc. since Jan. 1, 2007.

Edgewater at Waterman Village is registered as a non-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, Edgewater at Waterman Village aided an average of 87.7 residents per day during the fourth quarter of 2023, with a total of 120 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Edgewater at Waterman Village achieved a zero-incident record for fines and penalties.

In total, there were six non-profit nursing homes in Lake 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 Lake County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Avante at Leesburg, Inc.Agent Holdings, Inc.For profit - Corporation295.5
Avante at MT Dora, Inc.Agent Holdings, Inc.For profit - Limited Liability company3101.6
Bayview CenterGabriel Living Center, LLCFor profit - Limited Liability company2109.6
Edgewater at Waterman VillageWaterman Communities, Inc.Non profit - Corporation587.7
Freedom Pointe Health CenterCCRC Opco Ventures, LLCFor profit - Limited Liability company569.8
Lake Eustis Health and Rehabilitation CenterLake Eustis Operating Holdings, LLCFor profit - Limited Liability company384.4
Lake Harris Health CenterCCRC Opco Ventures, LLCFor profit - Limited Liability company169.3
Lakes of Clermont Health and Rehabilitation CenterNH Operator Holdings IX, LLCNon profit - Corporation470
Ruleme CenterGabriel Living Center, LLCFor profit - Limited Liability company3124.5
Skytop View Rehabilitation CenterOrlando Health, Inc. and South Lake Hospital, Inc.Non profit - Corporation526.7
South Campus Care Center and RehabilitationSouth Campus Nursing Holdco, LLCFor profit - Limited Liability company3113.8
Villages Rehabilitation and Nursing CenterDBH HoldingFor profit - Corporation395.6

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