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Sunday, December 22, 2024

Tyler's Retreat at Iron Bridge, a for-profit facility, had a rating of 2 in Q4 2023

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CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

CMS Chief of Stuff Erin Richardson | cms.gov/about-cms/leadership/chief-operating-officer

As of the fourth quarter of 2023, Tyler's Retreat at Iron Bridge was owned by Saber Healthcare Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Chesterfield County, has been owned by Saber Healthcare Holdings, LLC since Jan. 1, 2014.

Tyler's Retreat at Iron Bridge 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 2.7 recorded for nursing homes in Virginia. 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, Tyler's Retreat at Iron Bridge aided an average of 80.2 residents per day during the fourth quarter of 2023, with a total of 90 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Tyler's Retreat at Iron Bridge achieved a zero-incident record for fines and penalties.

In total, there were four for-profit nursing homes in Chesterfield County, Virginia.

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 Chesterfield County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
The Laurels of Bon AirLaurel Health Care Holdings, Inc.For profit - Corporation1113
Tyler's Retreat at Iron BridgeSaber Healthcare Holdings, LLCFor profit - Corporation280.2

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