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Tuesday, December 24, 2024

Who owned Regent Care Center of the Woodlands Limited Partne in Q4 2023?

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CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

CMS Deputy Chief Operating Officer John Czajkowski | cms.gov/about-cms/leadership/deputy-chief-operating-officer

As of the fourth quarter of 2023, Regent Care Center of the Woodlands Limited Partne was owned by Francis Moody, Ross Moody, and Russell Moody, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Montgomery County, has been owned by Francis Moody, Ross Moody, and Russell Moody since July 16, 1997.

Regent Care Center of the Woodlands Limited Partne is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.5 recorded for nursing homes in Texas. 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, Regent Care Center of the Woodlands Limited Partne aided an average of 77 residents per day during the fourth quarter of 2023, with a total of 126 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Regent Care Center of the Woodlands Limited Partne achieved a zero-incident record for fines and penalties.

In total, there were nine for-profit nursing homes in Montgomery County, Texas.

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 Montgomery County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Conroe Health Care CenterHealth Services Management, Inc.Non profit - Corporation280.6
Regent Care Center of the Woodlands Limited PartneFrancis Moody, Ross Moody, and Russell MoodyFor profit - Limited Liability company377
The BrightpointeTX NM Operations Holdings, LLCFor profit - Limited Liability company563.2
The Broadmoor at Creekside ParkMemorial Medical CenterFor profit - Corporation184.2
The Woodlands Healthcare CenterWinnie-Stowell Hospital DistrictNon profit - Corporation3130.7
Willis Nursing and Rehabilitation LPSLP Omega Operations, LLCFor profit - Limited Liability company443.6
Woodland Manor Nursing and RehabilitationSLP Omega Operations, LLCFor profit - Corporation150.6

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