CCN 105293 · Pinellas County, Florida
Egret Cove Center
550 62nd St S, Saint Petersburg, FL 33707
Egret Cove Center is a 120-bed nonprofit nursing home in Saint Petersburg, Florida, first certified for Medicare or Medicaid in 1976. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 101.0 residents a day, about 84% of its certified beds. HUD's healthcare database shows an FHA-insured Section 232 loan for a project matching this facility, most recently $3.5 million in December 2009 (223(f) refinance or purchase), and none of them appears in HUD's active-loan file.
Facility facts
- Certified beds
- 120
- Average residents per day
- 101.0 (84.2% of beds)
- Ownership type
- Non profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Egret Cove Rehabilitation Center LLC
- Certified since
- Apr 1, 1976
- Chain or affiliated group
- Hearthstone Senior Communities (8 facilities, chain average 1.9 stars)
- Location
- Urban
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 | Florida median | US median |
|---|---|---|---|
| Overall rating | 2 of 5 | State spread: 89 at 1, 143 at 2, 125 at 3, 156 at 4, 178 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 2 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.13 | 3.63 | 3.68 |
| RN hours per resident per day | 0.51 | 0.62 | 0.58 |
| Weekend nurse hours per resident per day | 2.94 | ||
| Nursing staff turnover | 49.0% | 41.9% | 44.9% |
| Occupancy (residents / beds) | 84.2% | 92.2% | 85.7% |
| Fines reported by CMS | 1 totaling $5,346 | ||
| Health deficiencies, latest standard survey | 11 (May 16, 2024) | ||
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). Egret Cove Center meets that part today: 2 stars overall, 2 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 |
|---|---|---|---|
| Egret Cove Rehabilitation Center LLCOrganization | Direct Ownership Interest | n/a | 04/01/2009 |
| Hearthstone Senior Communities, Inc.Organization | Indirect Ownership Interest | 100% | 04/01/2009 |
| Consulting Support Services, LLCOrganization | Operational / Managerial Control | n/a | 06/28/2011 |
| Facility Support Company, LLCOrganization | Operational / Managerial Control | n/a | 12/13/2010 |
| Kane Financial Services, LLCOrganization | Operational / Managerial Control | n/a | 06/06/2012 |
| Themis Health Management, LLCOrganization | Operational / Managerial Control | n/a | 09/01/2009 |
| Beebe, BethanyIndividual | Operational / Managerial Control | n/a | 02/08/2021 |
| Davis Everett, BrendaIndividual | Operational / Managerial Control | n/a | 01/04/2022 |
In its Medicare enrollment record, the facility reported a real estate investment trust owner: Omega Healthcare Investors, Inc. Those flags are self-reported to CMS and many PE and REIT ties go unflagged.
Changes of ownership
No change of ownership for this facility appears in the CMS change-of-ownership file, which starts in January 2016.
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 23, 2009 | 223(f) refinance or purchaseHUD project name: Egret Cove, 120 beds. Lender at endorsement: Capital Funding Group | $3,510,500 | Ended Mar 31, 2015Prepayment | 06722055 |
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.