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Grayson Times

Sunday, May 12, 2024

A look at The Homestead of Denison, a nursing home in Denison, Texas

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, The Homestead of Denison was owned by Harden Non-Hud Holdco, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Grayson County, has been owned by Harden Non-Hud Holdco, LLC since Oct. 31, 2013.

The Homestead of Denison 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 2.5 recorded for nursing homes in Texas. 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, The Homestead of Denison aided an average of 79.5 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, The Homestead of Denison spent a total of $171,682 in four fines and suffered five penalties.

In total, there were 10 for-profit nursing homes in Grayson County, Texas.

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 Grayson County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Denison Nursing and RehabilitationTroy Issac and Troy Issac Seperate Property TrusteeFor profit - Limited Liability company321.3
Focused Care at ShermanFocused Post Acute Care Partners, LLCFor profit - Corporation177.1
Meadowbrook Care CenterDallas County Hospital DistrictFor profit - Corporation141.3
Texoma Healthcare CenterFannin County Hospital AuthorityFor profit - Corporation5105.5
The Homestead of DenisonHarden Non-Hud Holdco, LLCFor profit - Limited Liability company179.5
The Terrace at DenisonDallas County Hospital DistrictFor profit - Corporation159.5
Whitesboro Health and Rehabilitation CenterSenior Care Centers, LLCFor profit - Limited Liability company4-
Woodlands Place Rehabilitation SuitesTHI of Texas, LLCFor profit - Corporation592.4

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