CCN 445522 · Shelby County, Tennessee
Waters of Memphis a Rehabilitation & Nursing Ctr
6500 Kirby Gate Boulevard, Memphis, TN 38119
Waters of Memphis a Rehabilitation & Nursing Ctr is a 90-bed for-profit nursing home in Memphis, Tennessee, first certified for Medicare or Medicaid in 2016. CMS rates it 1 out of 5 stars overall in its September 2026 data, and it averaged 82.9 residents a day, about 92% 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
- 90
- Average residents per day
- 82.9 (92.1% of beds)
- Ownership type
- For profit - Individual
- Certification
- Medicare and Medicaid
- Legal business name
- Waters of Memphis a Rehabilitation & Nursing Center
- Certified since
- Apr 11, 2016
- Chain or affiliated group
- Infinity Healthcare Consulting (70 facilities, chain average 2.1 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 | Tennessee median | US median |
|---|---|---|---|
| Overall rating | 1 of 5 | State spread: 58 at 1, 53 at 2, 65 at 3, 68 at 4, 56 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 4 of 5 | ||
| Staffing | 1 of 5 | ||
| Total nurse hours per resident per day | 3.40 | 3.64 | 3.68 |
| RN hours per resident per day | 0.39 | 0.54 | 0.58 |
| Weekend nurse hours per resident per day | 2.95 | ||
| Nursing staff turnover | 59.5% | 50.0% | 44.9% |
| Occupancy (residents / beds) | 92.1% | 77.7% | 85.7% |
| Fines reported by CMS | 1 totaling $5,293 | ||
| Health deficiencies, latest standard survey | 9 (Sep 14, 2023) | ||
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). Waters of Memphis a Rehabilitation & Nursing Ctr 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
CMS lists no 5% owners or managing organizations for this facility in its current ownership file.
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Jul 1, 2021 | Waters of Memphis a Rehabilitation & Nursing Center | Oaktree Health and Rehabilitation Center, 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.