As of the fourth quarter of 2023, Signature Healthcare of Greeneville was owned by LP CR Holdings, LLC, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in Greene County, has been owned by LP CR Holdings, LLC since Oct. 1, 2007.
Signature Healthcare of Greeneville is registered as a for-profit facility.
During that period, the nursing home boasted an overall rating of five from the CMS, which is higher than the average of 2.6 recorded for nursing homes in Tennessee. 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, Signature Healthcare of Greeneville aided an average of 103.9 residents per day during the fourth quarter of 2023, with a total of 154 beds available. Currently, the nursing home is not located within a hospital.
As of the fourth quarter of 2023, Signature Healthcare of Greeneville achieved a zero-incident record for fines and penalties.
In total, there were three for-profit nursing homes in Greene County, Tennessee.
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 Home | Owner | Ownership Type | Overall Rating | Avg. No. of Residents per day |
|---|---|---|---|---|
| Laughlin Health Care Center | Takoma Regional Hospital, Inc. | Non profit – Corporation | 4 | 27.7 |
| Life Care Center of Greeneville | Forrest Preston | For profit – Corporation | 2 | 97.4 |
| Signature Healthcare of Greeneville | LP CR Holdings, LLC | For profit – Partnership | 5 | 103.9 |
