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Asheville Reporter

Sunday, May 5, 2024

Who owned Stonecreek Health and Rehabilitation 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, Stonecreek Health and Rehabilitation was owned by Christopher Sprenger, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Buncombe County, has been owned by Christopher Sprenger since Feb. 14, 2010.

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

During that period, the nursing home boasted an overall rating of four from the CMS, which is higher than the average of 2.6 recorded for nursing homes in North Carolina. 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, Stonecreek Health and Rehabilitation aided an average of 88.8 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, Stonecreek Health and Rehabilitation spent a total of $650 in one fine and suffered one penalty.

In total, there were 13 for-profit nursing homes in Buncombe County, North Carolina.

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 Buncombe County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Accordius Health at AshevilleAccordius Health at Asheville, LLC and Accordius Skilled Nursing Facility Holdco, LLCFor profit - Corporation157.2
Elevate Health and RehabilitationAccordius Skilled Nursing Facility Holdco, LLCFor profit - Partnership190.8
Emerald Ridge Rehabilitation and Care CenterCentennial Healthcare Holding Company, LLCFor profit - Corporation395
Givens Health CenterGivens Estates, Inc.Non profit - Corporation357.2
Highland FarmsGivens Estates, Inc.Non profit - Corporation449
Mountain Ridge Health and RehabilitationSteven Womack and Melvin WoodwardFor profit - Partnership387.7
NC State Veterans Home-Black MountainNC Department of Military and Veterans Affairs NC Div of Veterans AffairsFor profit - Corporation274.2
Pelican Health at AshevilleMC M53 Specialist Opco HoldcoFor profit - Limited Liability company193.8
Stonecreek Health and RehabilitationChristopher SprengerFor profit - Corporation488.8
The Greens at WeavervilleBync Holdings, LLCFor profit - Corporation399.7
The Laurels of Greentree RidgeLaurel Health Care Company and Laurel Health Care Holdings, Inc.For profit - Limited Liability company476.6

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