CCN 155070 · Floyd County, Indiana
Green Valley Care Center
3118 Green Valley Rd, New Albany, IN 47150
Green Valley Care Center is a 141-bed government-owned nursing home in New Albany, Indiana, first certified for Medicare or Medicaid in 1968. CMS rates it 4 out of 5 stars overall in its September 2026 data, and it averaged 119.4 residents a day, about 85% of its certified beds. It has an active FHA-insured Section 232 loan: $7.2 million originally, at 3.35%, with $4.9 million outstanding as of September 30, 2026 and maturity in June 2043.
Facility facts
- Certified beds
- 141
- Average residents per day
- 119.4 (84.7% of beds)
- Ownership type
- Government - City/county
- Certification
- Medicare and Medicaid
- Legal business name
- Hendricks County Hospital
- Certified since
- Apr 9, 1968
- Chain or affiliated group
- Life Care Centers of America (194 facilities, chain average 3.4 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 | Indiana median | US median |
|---|---|---|---|
| Overall rating | 4 of 5 | State spread: 90 at 1, 99 at 2, 83 at 3, 113 at 4, 119 at 5 | |
| Health inspections | 3 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 2 of 5 | ||
| Total nurse hours per resident per day | 3.61 | 3.55 | 3.68 |
| RN hours per resident per day | 0.37 | 0.60 | 0.58 |
| Weekend nurse hours per resident per day | 3.27 | ||
| Nursing staff turnover | 40.8% | 45.3% | 44.9% |
| Occupancy (residents / beds) | 84.7% | 78.6% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 5 (Jan 9, 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). Green Valley Care Center meets that part today: 4 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 |
|---|---|---|---|
| Consolidated Resources Health Care Fund I LPOrganization | Operational / Managerial Control | n/a | 12/01/2018 |
| Life Care Centers of America, Inc.Organization | Operational / Managerial Control | n/a | 12/01/2018 |
| Dattilo, GregoryIndividual | Operational / Managerial Control | n/a | 08/09/2021 |
| Fenoughty, DeannaIndividual | Operational / Managerial Control | n/a | 07/10/2023 |
| Fletcher, ToddIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
| Henry, TerryIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
| Lay, LisaIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
| Preston, AubreyIndividual | Operational / Managerial Control | n/a | 03/06/2025 |
| Preston, ForrestIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
| Salcedo, FedericoIndividual | Operational / Managerial Control | n/a | 05/09/2016 |
| Swanker, RichardIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
| Thurmond, JoanIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
| Ziegler, JamesIndividual | Operational / Managerial Control | n/a | 12/01/2018 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Dec 1, 2018 | Hendricks County Hospital | Consolidated Resources Health Care Fund I LP |
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 21, 2013 | 223(a)(7) refinance of a 223(f) loanHUD project name: Life Care 29-Green Valley Care Center, 280 beds. Lender at endorsement: Capital Funding LLC | $7,207,200 | Active: 3.35%, $4,880,939 balanceMatures Jun 1, 2043. Servicer: Capital Funding LLC | 07322211 |
| Feb 1, 2002 | 223(f) refinance or purchaseHUD project name: Green Valley Care Center, 242 beds. Lender at endorsement: Capital Funding Group | $8,415,000 | Ended May 21, 2013Prepayment | 07322017 |
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.