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Who owned Peak Resources-Wilmington, Inc. 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, Peak Resources-Wilmington, Inc. was owned by Harold Nunn, according to Centers for Medicare and Medicaid Services (CMS). The nursing home, located in New Hanover County, has been owned by Harold Nunn since Feb. 1, 2019.

Peak Resources-Wilmington, Inc. is registered as a for-profit facility.

During that period, the nursing home had an overall rating of two from the CMS, which is lagging behind 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, Peak Resources-Wilmington, Inc. aided an average of 96.1 residents per day during the fourth quarter of 2023, with a total of 110 beds available. Currently, the nursing home is not located within a hospital.

As of the fourth quarter of 2023, Peak Resources-Wilmington, Inc. spent a total of $14,508 in one fine and suffered one penalty.

In total, there were eight for-profit nursing homes in New Hanover 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 New Hanover County as of Q4 2023

Nursing HomeOwnerOwnership TypeOverall RatingAvg. No. of Residents per day
Autumn Care of Myrtle GroveSHG Autumn, LLCFor profit - Corporation175.5
Azalea Health and Rehabilitation CenterWrightsville Operations, LLCFor profit - Individual271.3
Bradley Creek Health CenterWilmington Ah Senior Housing JV Opco, LLCFor profit - Limited Liability company528
Cypress Pointe Rehabilitation CenterSovereign Carolina Holdings, LLCFor profit - Limited Liability company481.6
Liberty Commons Rehabilitation CenterJohn McNeill and Ronald McNeillFor profit - Corporation175.7
Northchase Nursing and Rehabilitation CenterRaymond Hill, Robert Hill, Stephen Hill, Principle It Services, Inc., and Principle Long Term Care, Inc.For profit - Limited Liability company2132.6
Peak Resources-Wilmington, Inc.Harold NunnFor profit - Corporation296.1
Trinity GroveLutheran Services for the Aging, Inc.Non profit - Church related395.7

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