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Who owned Diversicare of Southaven 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, Diversicare of Southaven was owned by Diversicare Leasing Company III, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in De Soto County, has been owned by Diversicare Leasing Company III, LLC since July 1, 2016.

Diversicare of Southaven is registered as a for-profit facility.

During that period, the nursing home had an overall rating of two from the CMS, which is lagging behind the average of 2.5 recorded for nursing homes in Mississippi. 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, Diversicare of Southaven aided an average of 128.8 residents per day during the fourth quarter of 2023, with a total of 140 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Diversicare of Southaven spent a total of $6,578 in one fine and suffered one penalty.

In total, there were three for-profit nursing homes in De Soto County, Mississippi.

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 De Soto County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Desoto Healthcare CenterDesoto Healthcare, Inc.For profit - Corporation194.6
Diversicare of SouthavenDiversicare Leasing Company III, LLCFor profit - Corporation2128.8
Landmark of DesotoBobby Beebe, Elton Beebe, Herman Beebe, Elton G. Beebe SR IRRV Grndchildrens Trustee, Elton G. Beebe SR IRRV Childrens Trustee, Health Care Services, Inc., Pathway Management, Inc., Alison Sadler, David Stallard, and Felicia StallardFor profit - Limited Liability company452.6

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