CCN 345442 · Stanly County, North Carolina
Forrest Oakes Healthcare
620 Heathwood Drive, Albemarle, NC 28001
Forrest Oakes Healthcare is a 60-bed for-profit nursing home in Albemarle, North Carolina, first certified for Medicare or Medicaid in 1993. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 52.5 residents a day, about 88% of its certified beds. We found no FHA-insured Section 232 loan for it in HUD's healthcare endorsement database (fiscal 2001 onward).
Facility facts
- Certified beds
- 60
- Average residents per day
- 52.5 (87.5% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- 620 Heathwood Drive Opco LLC
- Certified since
- Aug 18, 1993
- Chain or affiliated group
- Avardis Health (38 facilities, chain average 2.0 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 | North Carolina median | US median |
|---|---|---|---|
| Overall rating | 3 of 5 | State spread: 91 at 1, 83 at 2, 85 at 3, 75 at 4, 81 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 2 of 5 | ||
| Total nurse hours per resident per day | 3.27 | 3.53 | 3.68 |
| RN hours per resident per day | 0.46 | 0.51 | 0.58 |
| Weekend nurse hours per resident per day | 2.96 | ||
| Nursing staff turnover | 55.2% | 48.6% | 44.9% |
| Occupancy (residents / beds) | 87.5% | 87.4% | 85.7% |
| Fines reported by CMS | 1 totaling $5,242 | ||
| Health deficiencies, latest standard survey | 5 (May 29, 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). Forrest Oakes Healthcare meets that part today: 3 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 |
|---|---|---|---|
| Fc Encore Albemarle LLCOrganization | Security Interest | n/a | 05/01/2025 |
| SNF Mgr LLCOrganization | Operational / Managerial Control | n/a | 05/01/2025 |
| Hoback, TiffanyIndividual | Operational / Managerial Control | n/a | 06/01/2025 |
| Jones, TequillaIndividual | Operational / Managerial Control | n/a | 05/01/2025 |
| Lancaster, PatrickIndividual | Operational / Managerial Control | n/a | 05/01/2025 |
| Morgan, DanielIndividual | Operational / Managerial Control | n/a | 06/01/2025 |
| Patel, SandeepIndividual | Operational / Managerial Control | n/a | 05/01/2025 |
| Ridenhour, AngelaIndividual | Operational / Managerial Control | n/a | 05/01/2025 |
In its Medicare enrollment record, the facility reported a real estate investment trust owner: Fc Encore Albemarle LLC. Those flags are self-reported to CMS and many PE and REIT ties go unflagged.
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Jun 1, 2025 | 620 Heathwood Drive Opco LLC | Forrest Oakes Healthcare LLC |
HUD Section 232 loans
No FHA-insured loan matching this facility appears in HUD's database of healthcare endorsements, which covers fiscal 2001 onward (HUD data run of July 8, 2026). A loan could still exist under a different project name or from before 2001.
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.