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Saturday, April 27, 2024

Who owned The Grand Royale 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, The Grand Royale was owned by Charles Cuda, Paul Guastello, and Eng Taing, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Clay County, has been owned by Charles Cuda, Paul Guastello, and Eng Taing since Aug. 27, 2017.

The Grand Royale is registered as a for-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is higher than the average of 2.5 recorded for nursing homes in Missouri. 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 Grand Royale aided an average of 37.5 residents per day during the fourth quarter of 2023, with a total of 45 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, The Grand Royale achieved a zero-incident record for fines and penalties.

In total, there were 11 for-profit nursing homes in Clay County, Missouri.

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 Clay County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Aspire Senior Living Excelsior SpringsCHP Skilled Nursing Facility Opco Holdings 2, LLCFor profit - Corporation169.6
Linden Woods VillageScenic Development, LLC and Scenic Holdings, LLCFor profit - Corporation535.8
Mccrite Plaza at Briarcliff Skilled FacilityJudith McCrite and Patrick McCriteFor profit - Corporation342.6
New Mark Care CenterJames Lincoln and Judy LincolnFor profit - Corporation3113.8
NorterreLHLC Operations, LLC, Tutera Investments, LLC, and Joseph TuteraFor profit - Corporation454.9
Northland Rehabilitation and Health Care CenterConstace Marie Mendolia 2009 IRRV Trustee, Mary Margaret Cunningham 2009 IRRV Trustee, Tutera Group, Inc., and Joseph TuteraFor profit - Limited Liability company396.9
Pleasant Valley Manor Care CenterJoyce E. Juckette and Pleasant Valley Manor, Inc.For profit - Corporation373.9
The Grand RoyaleCharles Cuda, Paul Guastello, and Eng TaingFor profit - Limited Liability company337.5
Valley Manor and Rehabilitation CenterCircle B. Enterprises Holding Company, Inc.For profit - Corporation370.1

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