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Thursday, January 30, 2025

Who owned ELM Crest Retirement Community 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, ELM Crest Retirement Community was owned by American Baptist Homes of the Midwest, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Shelby County, has been owned by American Baptist Homes of the Midwest since March 3, 1967.

ELM Crest Retirement Community is registered as a non-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.9 recorded for nursing homes in Iowa. 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, ELM Crest Retirement Community aided an average of 37.2 residents per day during the fourth quarter of 2023, with a total of 71 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, ELM Crest Retirement Community spent a total of $663 in one fine and suffered one penalty.

In total, there were two non-profit nursing homes in Shelby County, Iowa.

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 Shelby County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
ELM Crest Retirement CommunityAmerican Baptist Homes of the MidwestNon profit - Corporation337.2

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