CCN 065366 · Archuleta County, Colorado
Pine Ridge Rehabilitation and Healthcare Center
119 Bastille Dr, Pagosa Springs, CO 81147
Pine Ridge Rehabilitation and Healthcare Center is a 60-bed for-profit nursing home in Pagosa Springs, Colorado, first certified for Medicare or Medicaid in 1998. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 43.6 residents a day, about 73% of its certified beds. It has an active FHA-insured Section 232 loan: $10.6 million originally, at 5.64%, with $10.6 million outstanding as of September 30, 2026 and maturity in January 2061.
Facility facts
- Certified beds
- 60
- Average residents per day
- 43.6 (72.7% of beds)
- Ownership type
- For profit - Limited Liability company
- Certification
- Medicare and Medicaid
- Legal business name
- Pine Ridge Rehabilitation and Healthcare Center LLC
- Certified since
- Jan 16, 1998
- Chain or affiliated group
- Centennial Healthcare (8 facilities, chain average 2.4 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 | Colorado median | US median |
|---|---|---|---|
| Overall rating | 3 of 5 | State spread: 26 at 1, 52 at 2, 41 at 3, 39 at 4, 50 at 5 | |
| Health inspections | 3 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 1 of 5 | ||
| Total nurse hours per resident per day | 2.59 | 3.48 | 3.68 |
| RN hours per resident per day | 0.51 | 0.74 | 0.58 |
| Weekend nurse hours per resident per day | 2.33 | ||
| Nursing staff turnover | 56.3% | 46.6% | 44.9% |
| Occupancy (residents / beds) | 72.7% | 83.8% | 85.7% |
| Fines reported by CMS | 1 totaling $19,750 | ||
| Health deficiencies, latest standard survey | 8 (Feb 12, 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). Pine Ridge Rehabilitation and Healthcare Center meets that part today: 3 stars overall, 3 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 |
|---|---|---|---|
| Centennial I Tbd Holdco LLCOrganization | Indirect Ownership Interest | n/a | 09/01/2022 |
| Centennial Mn Tr IOrganization | Indirect Ownership Interest | n/a | 09/01/2022 |
| Capital Finance LLCOrganization | Security Interest | n/a | 09/01/2022 |
| Capital Finance LLCOrganization | Operational / Managerial Control | n/a | 09/01/2022 |
| Gotts Consulting Colorado LLCOrganization | Operational / Managerial Control | n/a | 09/01/2022 |
| Cochran, DawnIndividual | Operational / Managerial Control | n/a | 09/12/2022 |
| Gottlieb, RefoelIndividual | Operational / Managerial Control | n/a | 09/01/2022 |
| Turpen, MarkIndividual | Operational / Managerial Control | n/a | 05/01/2024 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Sep 1, 2022 | Pine Ridge Rehabilitation and Healthcare Center LLC | Pine Ridge Extend Care Center, LLC |
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 |
|---|---|---|---|---|
| Dec 4, 2025 | 223(f) refinance or purchaseHUD project name: Pine Ridge Rehab and Healthcare C, 60 beds. Lender at endorsement: Vium Capital Mortgage LLC | $10,645,000 | Active: 5.64%, $10,579,011 balanceMatures Jan 1, 2061. Servicer: Vium Capital Mortgage LLC | 10122176 |
| May 15, 2002 | 223(f) refinance or purchaseHUD project name: Pine Ridge Extended Care Center, 62 beds. Lender at endorsement: 0 | $1,687,300 | Ended Dec 31, 2012Prepayment | 10122028 |
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.