CCN 365287 · Summit County, Ohio
Altercare of Cuyahoga Falls Ctr for Rehab & Nursin
2728 Bailey Rd, Cuyahoga Falls, OH 44221
Altercare of Cuyahoga Falls Ctr for Rehab & Nursin is a 91-bed for-profit nursing home in Cuyahoga Falls, Ohio, first certified for Medicare or Medicaid in 1973. CMS rates it 1 out of 5 stars overall in its September 2026 data, and it averaged 66.0 residents a day, about 73% of its certified beds. It has an active FHA-insured Section 232 loan: $4.5 million originally, at 3.08%, with $3.9 million outstanding as of September 30, 2026 and maturity in May 2047.
Facility facts
- Certified beds
- 91
- Average residents per day
- 66.0 (72.5% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Altercare of Cuyahoga Falls Center for Rehabilitation & Nursing Care I
- Certified since
- Feb 9, 1973
- Chain or affiliated group
- Altercare (22 facilities, chain average 3.3 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 | Ohio median | US median |
|---|---|---|---|
| Overall rating | 1 of 5 | State spread: 118 at 1, 216 at 2, 180 at 3, 190 at 4, 209 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 4 of 5 | ||
| Staffing | 1 of 5 | ||
| Total nurse hours per resident per day | 3.90 | 3.57 | 3.68 |
| RN hours per resident per day | 0.70 | 0.59 | 0.58 |
| Weekend nurse hours per resident per day | 3.53 | ||
| Nursing staff turnover | 74.1% | 48.5% | 44.9% |
| Occupancy (residents / beds) | 72.5% | 87.2% | 85.7% |
| Fines reported by CMS | None | ||
| Health deficiencies, latest standard survey | 19 (Jun 12, 2025) | ||
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). Altercare of Cuyahoga Falls Ctr for Rehab & Nursin does not meet it today: overall rating 1. 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 |
|---|---|---|---|
| Tsg Nursing Centers, IncOrganization | Direct Ownership Interest | 100% | 09/01/2007 |
| Gerald F Schroer Dynasty Tr Ua 12312009 Fbo Andrew M SchroerOrganization | Indirect Ownership Interest | n/a | 12/15/2015 |
| Gerald F Schroer Dynasty Tr Ua 12312009 Fbo Gerald F Schroer JrOrganization | Indirect Ownership Interest | n/a | 12/15/2015 |
| Gerald F Schroer Dynasty Tr Ua 12312009 Fbo Matthew SchroerOrganization | Indirect Ownership Interest | n/a | 12/15/2015 |
| Gerald F Schroer Dynasty Tr Ua 12312009 Margaret S GoodmanOrganization | Indirect Ownership Interest | n/a | 12/15/2015 |
| Susanne Schroer Dynasty Trust U/aOrganization | Indirect Ownership Interest | n/a | 12/31/2009 |
| The Schroer Group, Inc.Organization | Indirect Ownership Interest | n/a | 09/01/2007 |
| Altercare of Ohio, IncOrganization | Operational / Managerial Control | n/a | 09/01/2007 |
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 |
|---|---|---|---|---|
| Apr 29, 2021 | 223(a)(7) refinance of a 223(f) loanHUD project name: Altercare of Cuyahoga Falls, 91 beds. Lender at endorsement: Greystone Funding Company LLC | $4,532,100 | Active: 3.08%, $3,872,541 balanceMatures May 1, 2047. Servicer: Greystone Servicing Company | 04222354 |
| Apr 24, 2012 | 223(f) refinance or purchaseHUD project name: Altercare of Cuyahoga Falls, 107 beds. Lender at endorsement: Links Mortgage Corporation | $5,495,300 | Ended Apr 30, 2021Prepayment | 04222166 |
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.