Who owned Marshall Health Care and Rehabilitation in Q4 2023?

Who owned Marshall Health Care and Rehabilitation in Q4 2023?
CMS Chief of Stuff Erin Richardson — cms.gov/about-cms/leadership/chief-operating-officer
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As of the fourth quarter of 2023, Marshall Health Care and Rehabilitation was owned by four stakeholders, according to Centers for Medicare and Medicaid Services (CMS).

Current Marshall Health Care and Rehabilitation owners are listed in the table below.

Marshall Health Care and Rehabilitation is registered as a for-profit facility.

During that period, the nursing home had an overall rating of one from the CMS, which is lagging behind the average of 3.0 recorded for nursing homes in Maine. 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, Marshall Health Care and Rehabilitation aided an average of 38 residents per day during the fourth quarter of 2023, with a total of 64 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Marshall Health Care and Rehabilitation spent a total of $23,989 in one fine and suffered one penalty.

In total, there were two for-profit nursing homes in Washington County, Maine.

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 Washington County as of Q4 2023

Nursing Home Owner Ownership Type Overall Rating Avg. No. of Residents per day
Marshall Health Care and Rehabilitation Craig Coffin, Ronald Coffin, Faraday Holdings, LLC, and Forum Management, LLC For profit – Corporation 1 38


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