CCN 105939 · Miami-Dade County, Florida
Palmetto Subacute Care Center
7600 SW 8th Street, Miami, FL 33144
Palmetto Subacute Care Center is a 95-bed for-profit nursing home in Miami, Florida, first certified for Medicare or Medicaid in 1997. CMS rates it 5 out of 5 stars overall in its September 2026 data, and it averaged 90.6 residents a day, about 95% of its certified beds. It has an active FHA-insured Section 232 loan: $9.6 million originally, at 3.10%, with $7.4 million outstanding as of September 30, 2026 and maturity in June 2048.
Facility facts
- Certified beds
- 95
- Average residents per day
- 90.6 (95.4% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Palmetto Operating LLC
- Certified since
- Jan 24, 1997
- Chain or affiliated group
- Carerite Centers (34 facilities, chain average 3.6 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 | 5 of 5 | State spread: 89 at 1, 143 at 2, 125 at 3, 156 at 4, 178 at 5 | |
| Health inspections | 4 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 4 of 5 | ||
| Total nurse hours per resident per day | 3.93 | 3.63 | 3.68 |
| RN hours per resident per day | 1.40 | 0.62 | 0.58 |
| Weekend nurse hours per resident per day | 3.56 | ||
| Nursing staff turnover | 28.6% | 41.9% | 44.9% |
| Occupancy (residents / beds) | 95.4% | 92.2% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 4 (Feb 4, 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). Palmetto Subacute Care Center meets that part today: 5 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 |
|---|---|---|---|
| Einhorn, NealIndividual | Direct Ownership Interest | 40% | 01/04/2017 |
| Friedman, MarkIndividual | Direct Ownership Interest | 40% | 01/04/2017 |
| Schwartz, EliezerIndividual | Direct Ownership Interest | 7% | 01/04/2017 |
| Calonge, MonicaIndividual | Operational / Managerial Control | n/a | 06/01/2006 |
| Carmona, OsvaldoIndividual | Operational / Managerial Control | n/a | 01/01/2025 |
| Missaggia, StevenIndividual | Operational / Managerial Control | n/a | 03/05/2018 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Feb 1, 2018 | Palmetto Operating LLC | Palmetto Sub Acute Care Center Inc |
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 |
|---|---|---|---|---|
| May 15, 2015 | 223(f) refinance or purchaseHUD project name: Palmetto Subacute Care Center, 95 beds. Lender at endorsement: Lancaster Pollard Mtge Co | $9,648,100 | Active: 3.10%, $7,386,981 balanceMatures Jun 1, 2048. Servicer: Lument Real Estate Capital | 06622085 |
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.