Velarion Records

Skilled nursing facility · CMS certification number 245471

THE WATERVIEW SHORES LLC

TWO HARBORS, Minnesota · Medicare and Medicaid

Certified beds, as filed in Care Compare: 44

Download this facility’s record (CSV)

A CSV file of this facility’s record: its name and location, its Medicare cost-report finances year by year, its ownership, its inspections, deficiencies and penalties, and the Care Compare provider information — each figure with the worksheet, line and column or file it came from.

In Care Compare’s provider information: Penalties: 1 · Fines: 1 · Fines, total amount: $334,488.00 · Payment denials: 0. The most recent penalty on file: May 4, 2026, Fine, $334,488. Every penalty on file ↓

For this facility: the citable document with full history — $295 · an email when this record changes — $99/month

Finances, as filed

From this facility’s Medicare cost reports on form CMS-2540, each figure with the worksheet, line and column it was read from.

Cost report for January 1, 2024 to December 31, 2024 — a reporting period of 365 days, on form CMS-2540-10, settled, processed by CMS on August 29, 2025.

Revenue and expenses, fiscal year 2024
FigureAs filedWhere it comes from
Total patient revenue$4,825,282CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$190,947CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$4,634,335CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$4,876,818CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$242,483CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$245,466CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income$2,983CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: $2,983 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2024
FigureAs filedWhere it comes from
Total facility beds, all components44CMS-2540-10 worksheet S300001 line 800 column 100
Bed days available, all components16,104CMS-2540-10 worksheet S300001 line 800 column 200
Medicare (Title XVIII) patient days733CMS-2540-10 worksheet S300001 line 800 column 400
Medicaid (Title XIX) patient days5,653CMS-2540-10 worksheet S300001 line 800 column 500
Other-payer patient days6,766CMS-2540-10 worksheet S300001 line 800 column 600
Total patient days, all components13,152CMS-2540-10 worksheet S300001 line 800 column 700
Medicare discharges21CMS-2540-10 worksheet S300001 line 800 column 900
Medicaid discharges6CMS-2540-10 worksheet S300001 line 800 column 1000
Other-payer discharges43CMS-2540-10 worksheet S300001 line 800 column 1100
Total discharges, all components70CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days34.9CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, Medicaid, in days942.17CMS-2540-10 worksheet S300001 line 800 column 1500
Average length of stay, all patients, in days187.89CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1437208, read from the public cost report file SNF10FY2024.zip.

Fiscal year 2023, ended December 31, 2023

Cost report for January 1, 2023 to December 31, 2023 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on August 23, 2024.

Revenue and expenses, fiscal year 2023
FigureAs filedWhere it comes from
Total patient revenue$4,100,345CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$153,612CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$3,946,733CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$4,822,573CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$875,840CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$312,677CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$563,163CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$563,163 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2023
FigureAs filedWhere it comes from
Total facility beds, all components44CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components12,738CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components68CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days40.53CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, Medicaid, in days914.4CMS-2540-10 worksheet S300001 line 800 column 1500
Average length of stay, all patients, in days187.32CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1392991, read from the public cost report file SNF10FY2023.zip.

Fiscal year 2022, ended December 31, 2022

Cost report for January 1, 2022 to December 31, 2022 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on August 1, 2023.

Revenue and expenses, fiscal year 2022
FigureAs filedWhere it comes from
Total patient revenue$4,233,211CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$87,722CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$4,145,489CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$4,585,410CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$439,921CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$8,876CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$431,045CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$355,370 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2022
FigureAs filedWhere it comes from
Total facility beds, all components44CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components12,331CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components105CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days32.34CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, Medicaid, in days329.64CMS-2540-10 worksheet S300001 line 800 column 1500
Average length of stay, all patients, in days117.44CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1360586, read from the public cost report file SNF10FY2022.zip.

Fiscal year 2021, ended December 31, 2021

Cost report for January 1, 2021 to December 31, 2021 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on September 16, 2022.

Revenue and expenses, fiscal year 2021
FigureAs filedWhere it comes from
Total patient revenue$4,355,061CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$29,723CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$4,325,338CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$4,173,955CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients$151,383CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$390,580CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income$541,963CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: $541,963 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2021
FigureAs filedWhere it comes from
Total facility beds, all components44CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components13,519CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components85CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days44.65CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, Medicaid, in days309.05CMS-2540-10 worksheet S300001 line 800 column 1500
Average length of stay, all patients, in days159.05CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1332496, read from the public cost report file SNF10FY2021.zip.

Fiscal year 2020, ended December 31, 2020

Cost report for January 1, 2020 to December 31, 2020 — a reporting period of 365 days, on form CMS-2540-10, settled, processed by CMS on November 19, 2021.

Revenue and expenses, fiscal year 2020
FigureAs filedWhere it comes from
Total patient revenue$4,309,017CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$89,930CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$4,219,087CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$4,323,123CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$104,036CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$12,840CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$91,196CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$91,196 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2020
FigureAs filedWhere it comes from
Total facility beds, all components44CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components13,726CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components67CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days46.15CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, Medicaid, in days1,112.17CMS-2540-10 worksheet S300001 line 800 column 1500
Average length of stay, all patients, in days204.87CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1305017, read from the public cost report file SNF10FY2020.zip.

Fiscal year 2019, ended December 31, 2019

Cost report for June 1, 2019 to December 31, 2019 — a reporting period of 213 days, not a full year, on form CMS-2540-10, settled, processed by CMS on November 12, 2020.

None of these figures is carried on this report.

CMS report record 1273631, read from the public cost report file SNF10FY2019.zip.

Fiscal year 2018, ended December 31, 2018

Cost report for January 1, 2018 to December 31, 2018 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on June 12, 2019.

None of these figures is carried on this report.

CMS report record 1228105, read from the public cost report file SNF10FY2018.zip.

Fiscal year 2017, ended December 31, 2017

Cost report for January 1, 2017 to December 31, 2017 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on August 21, 2018.

None of these figures is carried on this report.

CMS report record 1207779, read from the public cost report file SNF10FY2017.zip.

Fiscal year 2016, ended December 31, 2016

Cost report for January 1, 2016 to December 31, 2016 — a reporting period of 365 days, on form CMS-2540-10, settled, processed by CMS on August 17, 2017.

Revenue and expenses, fiscal year 2016
FigureAs filedWhere it comes from
Total patient revenue$3,586,793CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$176,629CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$3,410,164CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$3,355,035CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients$55,129CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$98,092CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income$153,221CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: $153,221 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2016
FigureAs filedWhere it comes from
Total facility beds, all components44CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components14,726CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components48CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days49.67CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, Medicaid, in days714.2CMS-2540-10 worksheet S300001 line 800 column 1500
Average length of stay, all patients, in days306.79CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1173574, read from the public cost report file SNF10FY2016.zip.

Fiscal year 2015, ended December 31, 2015

Cost report for January 1, 2015 to December 31, 2015 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on August 24, 2016.

None of these figures is carried on this report.

CMS report record 1142473, read from the public cost report file SNF10FY2015.zip.

Fiscal year 2014, ended December 31, 2014

Cost report for January 1, 2014 to December 31, 2014 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on August 27, 2015.

None of these figures is carried on this report.

CMS report record 1108865, read from the public cost report file SNF10FY2014.zip.

Fiscal year 2013, ended December 31, 2013

Cost report for January 1, 2013 to December 31, 2013 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on August 20, 2014.

None of these figures is carried on this report.

CMS report record 1076534, read from the public cost report file SNF10FY2013.zip.

Fiscal year 2012, ended December 31, 2012

Cost report for January 1, 2012 to December 31, 2012 — a reporting period of 365 days, on form CMS-2540-10, settled, processed by CMS on August 5, 2013.

None of these figures is carried on this report.

CMS report record 1045476, read from the public cost report file SNF10FY2012.zip.

Fiscal year 2011, ended December 31, 2011

Cost report for January 1, 2011 to December 31, 2011 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on September 27, 2012.

None of these figures is carried on this report.

CMS report record 1012501, read from the public cost report file SNF10FY2011.zip.

Fiscal year 2010, ended September 30, 2010

Cost report for October 1, 2009 to September 30, 2010 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on September 8, 2011.

None of these figures is carried on this report.

CMS report record 417326, read from the public cost report file SNFFY2010.zip.

Fiscal year 2009, ended September 30, 2009

Cost report for October 1, 2008 to September 30, 2009 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on May 12, 2010.

None of these figures is carried on this report.

CMS report record 369429, read from the public cost report file SNFFY2009.zip.

Fiscal year 2008, ended September 29, 2008

Cost report for October 1, 2007 to September 29, 2008 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on March 23, 2010.

None of these figures is carried on this report.

CMS report record 366277, read from the public cost report file SNFFY2008.zip.

Fiscal year 2007, ended September 30, 2007

Cost report for October 1, 2006 to September 30, 2007 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on April 24, 2008.

None of these figures is carried on this report.

CMS report record 307500, read from the public cost report file SNFFY2007.zip.

Fiscal year 2006, ended September 30, 2006

Cost report for October 1, 2005 to September 30, 2006 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on January 24, 2008.

None of these figures is carried on this report.

CMS report record 300888, read from the public cost report file SNFFY2006.zip.

Fiscal year 2005, ended September 30, 2005

Cost report for October 1, 2004 to September 30, 2005 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on March 9, 2007.

Revenue and expenses, fiscal year 2005
FigureAs filedWhere it comes from
Net patient revenue$3,191,567CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$3,121,502CMS-2540-96 worksheet G200002 line 1500 column 200
Net income from service to patients$70,065CMS-2540-96 worksheet G300000 line 500 column 100
Total other income$25,137CMS-2540-96 worksheet G300000 line 2600 column 100

Net income: $95,202 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 2005
FigureAs filedWhere it comes from
Total facility beds, all components55CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components18,732CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components138CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days40.33CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, Medicaid, in days544.57CMS-2540-96 worksheet S300001 line 900 column 1500
Average length of stay, all patients, in days135.74CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 273435, read from the public cost report file SNFFY2005.zip.

Fiscal year 2004, ended September 30, 2004

Cost report for October 1, 2003 to September 30, 2004 — a reporting period of 365 days, on form CMS-2540-96, settled, processed by CMS on February 28, 2006.

Revenue and expenses, fiscal year 2004
FigureAs filedWhere it comes from
Net patient revenue$3,156,627CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$3,120,298CMS-2540-96 worksheet G200002 line 1500 column 200
Net income from service to patients$36,329CMS-2540-96 worksheet G300000 line 500 column 100
Total other income$45,518CMS-2540-96 worksheet G300000 line 2600 column 100

Net income: $81,847 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 2004
FigureAs filedWhere it comes from
Total facility beds, all components55CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components19,513CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components85CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days57CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, Medicaid, in days420.22CMS-2540-96 worksheet S300001 line 900 column 1500
Average length of stay, all patients, in days229.56CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 243826, read from the public cost report file SNFFY2004.zip.

Fiscal year 2003, ended September 30, 2003

Cost report for October 1, 2002 to September 30, 2003 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on November 16, 2004.

None of these figures is carried on this report.

CMS report record 199778, read from the public cost report file SNFFY2003.zip.

Fiscal year 2002, ended September 30, 2002

Cost report for October 1, 2001 to September 30, 2002 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on January 30, 2004.

None of these figures is carried on this report.

CMS report record 168073, read from the public cost report file SNFFY2002.zip.

Fiscal year 2001, ended September 30, 2001

Cost report for October 1, 2000 to September 30, 2001 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on June 19, 2003.

Revenue and expenses, fiscal year 2001
FigureAs filedWhere it comes from
Net patient revenue$2,761,284CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$2,781,658CMS-2540-96 worksheet G200002 line 1500 column 200
Net income from service to patients−$20,374CMS-2540-96 worksheet G300000 line 500 column 100
Total other income$129,495CMS-2540-96 worksheet G300000 line 2600 column 100

Net income: $109,121 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 2001
FigureAs filedWhere it comes from
Total facility beds, all components55CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components19,865CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components39CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days72.64CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, Medicaid, in days700.3CMS-2540-96 worksheet S300001 line 900 column 1500
Average length of stay, all patients, in days509.36CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 150062, read from the public cost report file SNFFY2001.zip.

Fiscal year 2000, ended September 30, 2000

Cost report for October 1, 1999 to September 30, 2000 — a reporting period of 365 days, on form CMS-2540-96, settled, processed by CMS on January 22, 2002.

Net income: $75,232 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

CMS report record 42548, read from the public cost report file SNFFY2000.zip.

Fiscal year 1999, ended September 30, 1999

Cost report for October 1, 1998 to September 30, 1999 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on June 5, 2001.

Revenue and expenses, fiscal year 1999
FigureAs filedWhere it comes from
Net patient revenue$2,458,710CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$2,347,250CMS-2540-96 worksheet G200002 line 1500 column 200
Net income from service to patients$111,460CMS-2540-96 worksheet G300000 line 500 column 100
Total other income−$13,035CMS-2540-96 worksheet G300000 line 2600 column 100

Net income: $98,425 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 1999
FigureAs filedWhere it comes from
Total facility beds, all components55CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components19,948CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components13CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days116CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, Medicaid, in days1,965.25CMS-2540-96 worksheet S300001 line 900 column 1500
Average length of stay, all patients, in days1,534.46CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 42547, read from the public cost report file SNFFY1999.zip.

Fiscal year 1997, ended September 30, 1997

Cost report for October 1, 1996 to September 30, 1997 — a reporting period of 364 days, on form CMS-2540-96, settled, processed by CMS on February 23, 1999.

Revenue and expenses, fiscal year 1997
FigureAs filedWhere it comes from
Net patient revenue$2,149,593CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$1,997,586CMS-2540-96 worksheet G200002 line 1500 column 100
Net income from service to patients$152,007CMS-2540-96 worksheet G300000 line 500 column 100
Total other income$1,199CMS-2540-96 worksheet G300000 line 2600 column 100

Net income: $153,206 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 1997
FigureAs filedWhere it comes from
Total facility beds, all components55CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components19,722CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components40CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days43.93CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, Medicaid, in days860.83CMS-2540-96 worksheet S300001 line 900 column 1500
Average length of stay, all patients, in days493.05CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 29043, read from the public cost report file SNFFY1997.zip.

Fiscal year 1996, ended September 30, 1996

Cost report for October 1, 1995 to September 30, 1996 — a reporting period of 365 days, on form CMS-2540-96, settled, processed by CMS on April 29, 1998.

Revenue and expenses, fiscal year 1996
FigureAs filedWhere it comes from
Net patient revenue$1,950,775CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$2,004,399CMS-2540-96 worksheet G200002 line 1500 column 100
Net income from service to patients−$53,624CMS-2540-96 worksheet G300000 line 500 column 100
Total other income$28,560CMS-2540-96 worksheet G300000 line 2600 column 100

Net income: −$25,064 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 1996
FigureAs filedWhere it comes from
Total facility beds, all components55CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components19,020CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components58CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days78.71CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, Medicaid, in days641.83CMS-2540-96 worksheet S300001 line 900 column 1500
Average length of stay, all patients, in days327.93CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 29041, read from the public cost report file SNFFY1996.zip.

Nurse staffing

Nurse staffing hours from the Payroll-Based Journal, quarter by quarter, are on this facility’s staffing page, each quarter with the file it came from.

The staffing record →

Ownership, as filed with CMS

Care Compare

As filed in the CMS file dated September 1, 2026 (Care Compare ownership).

Owner or managerRoleTypeOwnership percentageAssociation
NIJ LLC5% OR GREATER DIRECT OWNERSHIP INTERESTOrganization10%since 06/01/2019
SPARTAN HEALTHCARE LLC5% OR GREATER DIRECT OWNERSHIP INTERESTOrganization30%since 06/01/2019
WBS HOLDINGS LLC5% OR GREATER DIRECT OWNERSHIP INTERESTOrganization20%since 06/01/2019
YAZOMA HOLDINGS, LLC5% OR GREATER DIRECT OWNERSHIP INTERESTOrganization30%since 06/01/2019
HALPERT, MARC5% OR GREATER INDIRECT OWNERSHIP INTERESTIndividual30%since 06/01/2019
JAFFA, NOAM5% OR GREATER INDIRECT OWNERSHIP INTERESTIndividual10%since 06/01/2019
JCA HOLDINGS LLC5% OR GREATER INDIRECT OWNERSHIP INTERESTOrganization10%since 06/01/2019
LEGUM, JOSHUA5% OR GREATER INDIRECT OWNERSHIP INTERESTIndividual30%since 06/01/2019
STERN, WILLIAM5% OR GREATER INDIRECT OWNERSHIP INTERESTIndividual20%since 06/01/2019
LEGUM, JOSHUACONTRACTED MANAGING EMPLOYEEIndividualNOT APPLICABLEsince 06/01/2019
JAFFA, NOAMCORPORATE DIRECTORIndividualNOT APPLICABLEsince 06/01/2019
HALPERT, MARCCORPORATE OFFICERIndividualNOT APPLICABLEsince 06/01/2019
STERN, WILLIAMCORPORATE OFFICERIndividualNOT APPLICABLEsince 06/01/2019
MONARCH HEALTHCARE OPERATING VIII LLCOPERATIONAL/MANAGERIAL CONTROLOrganizationNOT APPLICABLEsince 06/01/2019

Medicare enrollment

As filed in the CMS file dated August 1, 2026 (Medicare enrollment ownership), under the enrollment of THE WATERVIEW SHORES LLC (enrollment ID O20190529000519).

CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; where the private equity, real estate investment trust or holding company field below has not been filed under the current cycle, it reads “Paused by CMS”.

OwnerIndividual or organizationRoleOwnership percentageAssociation dateDescribed in the filing as
NIJ LLCOrganization5% OR GREATER DIRECT OWNERSHIP INTEREST106/1/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
SPARTAN HEALTHCARE LLCOrganization5% OR GREATER DIRECT OWNERSHIP INTEREST306/1/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
WBS HOLDINGS LLCOrganization5% OR GREATER DIRECT OWNERSHIP INTEREST206/1/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
YAZOMA HOLDINGS, LLCOrganization5% OR GREATER DIRECT OWNERSHIP INTEREST306/1/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
JCA HOLDINGS LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST106/1/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
JEFFREY AREMIndividual5% OR GREATER INDIRECT OWNERSHIP INTEREST106/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
JOSHUA LEGUMIndividual5% OR GREATER INDIRECT OWNERSHIP INTEREST306/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
MARC HALPERTIndividual5% OR GREATER INDIRECT OWNERSHIP INTEREST306/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
NOAM JAFFAIndividual5% OR GREATER INDIRECT OWNERSHIP INTEREST106/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
WILLIAM STERNIndividual5% OR GREATER INDIRECT OWNERSHIP INTEREST206/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
JOSHUA LEGUMIndividualCONTRACTED MANAGING EMPLOYEE306/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
NOAM JAFFAIndividualCORPORATE DIRECTOR106/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
MARC HALPERTIndividualCORPORATE OFFICER306/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
WILLIAM STERNIndividualCORPORATE OFFICER206/1/2019
Private equity company: Paused by CMS
Real estate investment trust: Paused by CMS
Holding company: Paused by CMS
MONARCH HEALTHCARE OPERATING VIII LLCOrganizationOPERATIONAL/MANAGERIAL CONTROL1006/1/2019
Private equity company: No
Real estate investment trust: No
Holding company: No

Changes in ownership

No change in ownership appears in the CMS files on record since September 20, 2022.

Recent changes on this record

  • September 1, 2026: ownership_type: For profit - Limited Liability company → For profit - Partnership. NH_ProviderInfo_Sep2026_3.csv
  • July 23, 2026: A deficiency was cited under tag F 0693, scope and severity D. NH_HealthCitations_Sep2026_2.csv
  • July 23, 2026: A deficiency was cited under tag F 0812, scope and severity E. NH_HealthCitations_Sep2026_2.csv
  • July 23, 2026: An inspection was recorded in inspection cycle 1. NH_SurveySummary_Sep2026_2.csv
  • August 29, 2025: A cost report was filed for fiscal year 2024, on form CMS-2540-10. SNF10FY2024.zip
  • August 23, 2024: A cost report was filed for fiscal year 2023, on form CMS-2540-10. SNF10FY2023.zip
  • August 1, 2023: A cost report was filed for fiscal year 2022, on form CMS-2540-10. SNF10FY2022.zip
  • September 16, 2022: A cost report was filed for fiscal year 2021, on form CMS-2540-10. SNF10FY2021.zip
  • November 19, 2021: A cost report was filed for fiscal year 2020, on form CMS-2540-10. SNF10FY2020.zip
  • November 12, 2020: A cost report was filed for fiscal year 2019, on form CMS-2540-10. SNF10FY2019.zip
  • October 18, 2019: A cost report was filed for fiscal year 2019, on form CMS-2540-10. SNF10FY2019.zip
  • June 12, 2019: A cost report was filed for fiscal year 2018, on form CMS-2540-10. SNF10FY2018.zip
  • August 21, 2018: A cost report was filed for fiscal year 2017, on form CMS-2540-10. SNF10FY2017.zip
  • August 17, 2017: A cost report was filed for fiscal year 2016, on form CMS-2540-10. SNF10FY2016.zip
  • August 24, 2016: A cost report was filed for fiscal year 2015, on form CMS-2540-10. SNF10FY2015.zip
  • August 27, 2015: A cost report was filed for fiscal year 2014, on form CMS-2540-10. SNF10FY2014.zip
  • August 20, 2014: A cost report was filed for fiscal year 2013, on form CMS-2540-10. SNF10FY2013.zip
  • August 5, 2013: A cost report was filed for fiscal year 2012, on form CMS-2540-10. SNF10FY2012.zip
  • September 27, 2012: A cost report was filed for fiscal year 2011, on form CMS-2540-10. SNF10FY2011.zip
  • September 8, 2011: A cost report was filed for fiscal year 2010, on form CMS-2540-96. SNFFY2010.zip
  • August 9, 2011: A cost report was filed for fiscal year 2010, on form CMS-2540-96. SNFFY2011.zip
  • May 12, 2010: A cost report was filed for fiscal year 2009, on form CMS-2540-96. SNFFY2009.zip
  • March 23, 2010: A cost report was filed for fiscal year 2008, on form CMS-2540-96. SNFFY2008.zip
  • April 24, 2008: A cost report was filed for fiscal year 2007, on form CMS-2540-96. SNFFY2007.zip
  • January 24, 2008: A cost report was filed for fiscal year 2006, on form CMS-2540-96. SNFFY2006.zip
  • March 9, 2007: A cost report was filed for fiscal year 2005, on form CMS-2540-96. SNFFY2005.zip
  • February 28, 2006: A cost report was filed for fiscal year 2004, on form CMS-2540-96. SNFFY2004.zip
  • November 16, 2004: A cost report was filed for fiscal year 2003, on form CMS-2540-96. SNFFY2003.zip
  • January 30, 2004: A cost report was filed for fiscal year 2002, on form CMS-2540-96. SNFFY2002.zip
  • June 19, 2003: A cost report was filed for fiscal year 2001, on form CMS-2540-96. SNFFY2001.zip
  • January 22, 2002: A cost report was filed for fiscal year 2000, on form CMS-2540-96. SNFFY2000.zip
  • June 5, 2001: A cost report was filed for fiscal year 1999, on form CMS-2540-96. SNFFY1999.zip
  • February 23, 1999: A cost report was filed for fiscal year 1997, on form CMS-2540-96. SNFFY1997.zip
  • April 29, 1998: A cost report was filed for fiscal year 1996, on form CMS-2540-96. SNFFY1996.zip

Inspections

Inspection cycleHealth inspectionFire safety inspectionHealth deficienciesFire safety deficiencies
1July 23, 2026July 23, 202654
2June 5, 2025June 5, 202592
3April 25, 2024April 25, 202483
3July 27, 2023July 27, 202373

From the Care Compare inspection summary file NH_SurveySummary_Sep2026_2.csv, processed on September 1, 2026.

Deficiencies cited

28 deficiencies on file, newest inspection first
Inspection dateInspection typeTagCategoryWhat was citedScope and severityComplaintCorrectedCorrection date
July 23, 2026HealthF 0693Quality of Life and Care DeficienciesEnsure that feeding tubes are not used unless there is a medical reason and the resident agrees; and provide appropriate care for a resident with a feeding tube.DNoDeficient, Provider has no plan of correction
July 23, 2026HealthF 0812Nutrition and Dietary DeficienciesProcure food from sources approved or considered satisfactory and store, prepare, distribute and serve food in accordance with professional standards.ENoDeficient, Provider has no plan of correction
May 4, 2026HealthF 0755Pharmacy Service DeficienciesProvide pharmaceutical services to meet the needs of each resident and employ or obtain the services of a licensed pharmacist.DYesDeficient, Provider has date of correctionMay 1, 2026
May 4, 2026HealthF 0760Pharmacy Service DeficienciesEnsure that residents are free from significant medication errors.JYesDeficient, Provider has date of correctionMay 1, 2026
September 11, 2025HealthF 0656Resident Assessment and Care Planning DeficienciesDevelop and implement a complete care plan that meets all the resident's needs, with timetables and actions that can be measured.GYesPast Non-ComplianceAugust 29, 2025
August 22, 2025HealthF 0550Resident Rights DeficienciesHonor the resident's right to a dignified existence, self-determination, communication, and to exercise his or her rights.EYesDeficient, Provider has date of correctionSeptember 18, 2025
June 5, 2025HealthF 0641Resident Assessment and Care Planning DeficienciesEnsure each resident receives an accurate assessment.DNoDeficient, Provider has date of correctionJuly 3, 2025
June 5, 2025HealthF 0689Quality of Life and Care DeficienciesEnsure that a nursing home area is free from accident hazards and provides adequate supervision to prevent accidents.DNoDeficient, Provider has date of correctionJuly 3, 2025
June 5, 2025HealthF 0695Quality of Life and Care DeficienciesProvide safe and appropriate respiratory care for a resident when needed.DNoDeficient, Provider has date of correctionJuly 3, 2025
June 5, 2025HealthF 0812Nutrition and Dietary DeficienciesProcure food from sources approved or considered satisfactory and store, prepare, distribute and serve food in accordance with professional standards.FNoDeficient, Provider has date of correctionJuly 3, 2025
June 5, 2025HealthF 0851Administration DeficienciesElectronically submit to CMS complete and accurate direct care staffing information, based on payroll and other verifiable and auditable data.FNoDeficient, Provider has date of correctionJuly 3, 2025
June 5, 2025HealthF 0880Infection Control DeficienciesProvide and implement an infection prevention and control program.FNoDeficient, Provider has date of correctionJuly 3, 2025
November 6, 2024HealthF 0550Resident Rights DeficienciesHonor the resident's right to a dignified existence, self-determination, communication, and to exercise his or her rights.DYesDeficient, Provider has date of correctionDecember 2, 2024
November 6, 2024HealthF 0656Resident Assessment and Care Planning DeficienciesDevelop and implement a complete care plan that meets all the resident's needs, with timetables and actions that can be measured.DYesDeficient, Provider has date of correctionDecember 2, 2024
April 25, 2024HealthF 0554Resident Rights DeficienciesAllow residents to self-administer drugs if determined clinically appropriate.DNoDeficient, Provider has date of correctionMay 21, 2024
April 25, 2024HealthF 0583Resident Rights DeficienciesKeep residents' personal and medical records private and confidential.DNoDeficient, Provider has date of correctionMay 21, 2024
April 25, 2024HealthF 0684Quality of Life and Care DeficienciesProvide appropriate treatment and care according to orders, resident’s preferences and goals.DNoDeficient, Provider has date of correctionMay 21, 2024
April 25, 2024HealthF 0689Quality of Life and Care DeficienciesEnsure that a nursing home area is free from accident hazards and provides adequate supervision to prevent accidents.ENoDeficient, Provider has date of correctionMay 21, 2024
April 25, 2024HealthF 0759Pharmacy Service DeficienciesEnsure medication error rates are not 5 percent or greater.DNoDeficient, Provider has date of correctionMay 21, 2024
April 25, 2024HealthF 0880Infection Control DeficienciesProvide and implement an infection prevention and control program.DNoDeficient, Provider has date of correctionMay 21, 2024
April 25, 2024HealthF 0919Environmental DeficienciesMake sure that a working call system is available in each resident's bathroom and bathing area.DNoDeficient, Provider has date of correctionMay 21, 2024
January 25, 2024HealthF 0609Freedom from Abuse, Neglect, and Exploitation DeficienciesTimely report suspected abuse, neglect, or theft and report the results of the investigation to proper authorities.DYesDeficient, Provider has date of correctionFebruary 2, 2024
July 27, 2023HealthF 0657Resident Assessment and Care Planning DeficienciesDevelop the complete care plan within 7 days of the comprehensive assessment; and prepared, reviewed, and revised by a team of health professionals.DNoDeficient, Provider has date of correctionSeptember 13, 2023
July 27, 2023HealthF 0658Resident Assessment and Care Planning DeficienciesEnsure services provided by the nursing facility meet professional standards of quality.DNoDeficient, Provider has date of correctionSeptember 13, 2023
July 27, 2023HealthF 0686Quality of Life and Care DeficienciesProvide appropriate pressure ulcer care and prevent new ulcers from developing.DNoDeficient, Provider has date of correctionSeptember 13, 2023
July 27, 2023HealthF 0690Quality of Life and Care DeficienciesProvide appropriate care for residents who are continent or incontinent of bowel/bladder, appropriate catheter care, and appropriate care to prevent urinary tract infections.DNoDeficient, Provider has date of correctionSeptember 13, 2023
July 27, 2023HealthF 0757Pharmacy Service DeficienciesEnsure each resident’s drug regimen must be free from unnecessary drugs.DNoDeficient, Provider has date of correctionSeptember 13, 2023
July 27, 2023HealthF 0759Pharmacy Service DeficienciesEnsure medication error rates are not 5 percent or greater.DNoDeficient, Provider has date of correctionSeptember 13, 2023

From the Care Compare health citations file NH_HealthCitations_Sep2026_2.csv, processed on September 1, 2026.

Penalties

Penalty dateTypeFine amountPayment denial beganPayment denial, daysFine ID
May 4, 2026Fine$334,488139225

From the Care Compare penalties file NH_Penalties_Sep2026_2.csv, processed on September 1, 2026.

Care Compare provider information

FieldAs filed
Provider TypeMedicare and Medicaid
Ownership TypeFor profit - Partnership
Legal Business NameTHE WATERVIEW SHORES LLC
Date First Approved to Provide Medicare and Medicaid Services1987-05-01
Provider Resides in HospitalN
Continuing Care Retirement CommunityN
UrbanN
County/ParishLake
Telephone Number2188348437
Chain NameMONARCH HEALTHCARE MANAGEMENT
Chain ID361
Provider Changed Ownership in Last 12 MonthsN
With a Resident and Family CouncilResident
Automatic Sprinkler Systems in All Required AreasYes
Number of Certified Beds44
Average Number of Residents per Day35.9
Overall Rating1
Health Inspection Rating1
QM Rating4
Long-Stay QM Rating4
Processing Date2026-09-01

From the Care Compare Provider Information file NH_ProviderInfo_Sep2026_3.csv, processed on September 1, 2026.

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