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Saturday, February 22, 2025

Who owned River Oaks Skilled Nursing and Therapy in Q4 2023?

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CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

CMS Principal Deputy Administrator and Chief Operating Officer Jonathan (Jon) Blum | thepcc.org

As of the fourth quarter of 2023, River Oaks Skilled Nursing and Therapy was owned by Bridges Esop, Inc., according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Canadian County, has been owned by Bridges Esop, Inc. since Dec. 31, 2020.

River Oaks Skilled Nursing and Therapy 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 2.6 recorded for nursing homes in Oklahoma. 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, River Oaks Skilled Nursing and Therapy aided an average of 73.4 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, River Oaks Skilled Nursing and Therapy spent a total of $655 in one fine and suffered one penalty.

In total, there were four for-profit nursing homes in Canadian County, Oklahoma.

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 Canadian County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
El Reno Post-Acute Rehabilitation CenterHealth Care Properties of Oklahoma, LLCFor profit - Corporation243.6
Gran Grans PlaceNell LustyFor profit - Partnership532.7
Ranchwood Nursing CenterSanctuary Long Term Care, LLCFor profit - Corporation1108.5
River Oaks Skilled Nursing and TherapyBridges Esop, Inc.For profit - Partnership573.4
Spanish Cove Housing AuthorityCity of Yukon, OklahomaGovernment - City546.3

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