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Thursday, April 10, 2025

Who owned Boulder Park Terrace in Q4 2023?

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CMS Administrator Chiquita Brooks-LaSure | Wikipedia

CMS Administrator Chiquita Brooks-LaSure | Wikipedia

As of the fourth quarter of 2023, Boulder Park Terrace was owned by Mclaren Northern Michigan and Munson Healthcare Charlevoix Hospital, according to Centers for Medicare and Medicaid Services (CMS).

Boulder Park Terrace is registered as a non-profit facility.

During that period, the nursing home had an overall rating of three from the CMS, which is lagging behind the average of 3.1 recorded for nursing homes in Michigan. 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, Boulder Park Terrace aided an average of 63.1 residents per day during the fourth quarter of 2023, with a total of 72 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Boulder Park Terrace achieved a zero-incident record for fines and penalties.

In total, there was one non-profit nursing home in Charlevoix County, Michigan.

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 Charlevoix County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Boulder Park TerraceMclaren Northern Michigan and Munson Healthcare Charlevoix HospitalNon profit - Corporation363.1
Grandvue Medical Care FacilityCounty of CharlevoixGovernment - County583.4

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