CCN 045158 · Cleburne County, Arkansas
The Springs of Greers Ferry
1040 Wedding Ford Road, Heber Springs, AR 72543
The Springs of Greers Ferry is a 140-bed for-profit nursing home in Heber Springs, Arkansas, first certified for Medicare or Medicaid in 1990. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 83.9 residents a day, about 60% of its certified beds. It has an active FHA-insured Section 232 loan: $7.4 million originally, at 6.65%, with $7.2 million outstanding as of September 30, 2026 and maturity in December 2058.
Facility facts
- Certified beds
- 140
- Average residents per day
- 83.9 (59.9% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Seven Springs Healthcare LLC
- Certified since
- Aug 1, 1990
- Chain or affiliated group
- The Springs Arkansas (26 facilities, chain average 3.3 stars)
- Location
- Rural
Ratings and staffing
Star ratings run from 1 to 5. Staffing is nurse hours per resident per day from CMS Payroll Based Journal data; turnover is the CMS annual nursing staff turnover rate. Occupancy is CMS's average daily census divided by certified beds.
| Measure | This facility | Arkansas median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 24 at 1, 34 at 2, 50 at 3, 44 at 4, 66 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 3 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 4.01 | 3.91 | 3.68 |
| RN hours per resident per day | 0.33 | 0.39 | 0.58 |
| Weekend nurse hours per resident per day | 3.65 | ||
| Nursing staff turnover | 44.3% | 48.2% | 44.9% |
| Occupancy (residents / beds) | 59.9% | 72.2% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 0 (Jan 8, 2026) | ||
HUD 223(f) Express Lane: the CMS part
HUD gives 223(f) applications queue priority when the facility has CMS overall and health inspection ratings of at least 2 stars and no abuse icon, among other tests (ORCF criteria of March 31, 2026). The Springs of Greers Ferry meets that part today: 4 stars overall, 4 on health inspections, no abuse icon. The loan-to-value, coverage and operator tests depend on the deal. All the criteria.
Who owns and operates it
These are the owners and operators the facility reported to CMS: anyone with a 5% or greater direct or indirect stake, and any organization with operational or managerial control.
| Name | Role | Share | Since |
|---|---|---|---|
| Black River Healthcare LLCOrganization | Operational / Managerial Control | n/a | 03/31/2022 |
| King, DiannaIndividual | Operational / Managerial Control | n/a | 06/13/2023 |
| Pugh, MaryIndividual | Operational / Managerial Control | n/a | 03/31/2022 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Mar 31, 2022 | Seven Springs Healthcare LLC | Somerset Senior Living at Seven Springs |
HUD Section 232 loans
HUD's Office of Healthcare Programs lists these FHA-insured loans for a project we matched to this facility by name, city and bed count. Status, rate and balance come from HUD's insured-mortgage files as of September 30, 2026. Check the FHA number against the loan documents before relying on the match.
| Endorsed | Program | Original amount | Status | FHA number |
|---|---|---|---|---|
| Nov 29, 2023 | 223(f) refinance or purchaseHUD project name: The Springs of Greers Ferry, 96 beds. Lender at endorsement: Greystone Funding Company LLC | $7,376,500 | Active: 6.65%, $7,215,861 balanceMatures Dec 1, 2058. Servicer: Greystone Servicing Company | 08222086 |
Sources and dates
Facility, rating, staffing and ownership data: CMS Provider Information and CMS Ownership, processing date September 2026. Private equity, REIT and mortgage-interest flags and changes of ownership: CMS Skilled Nursing Facility All Owners and Change of Ownership files (2026-10-01). FHA-insured loans: HUD Office of Healthcare Programs endorsement database, data run July 8, 2026. How we join them, and what the join can get wrong: methodology.
SNF Register is independent. It is not affiliated with or endorsed by CMS, HUD or FHA. Spotted an error? Write to hello@hudskillednursing.loan.