CCN 525702 · Waukesha County, Wisconsin
Lake Country Health Services
2195 North Summit Village Way, Oconomowoc, WI 53066
Lake Country Health Services is a 100-bed for-profit nursing home in Oconomowoc, Wisconsin, first certified for Medicare or Medicaid in 2009. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 85.9 residents a day, about 86% of its certified beds. It has an active FHA-insured Section 232 loan: $5.8 million originally, at 4.00%, with $5.5 million outstanding as of September 30, 2026 and maturity in November 2057.
Facility facts
- Certified beds
- 100
- Average residents per day
- 85.9 (85.9% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Nsh Summit LLC
- Certified since
- Nov 23, 2009
- Chain or affiliated group
- North Shore Healthcare (59 facilities, chain average 2.7 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 | Wisconsin median | US median |
|---|---|---|---|
| Overall rating | 2 of 5 | State spread: 70 at 1, 66 at 2, 59 at 3, 52 at 4, 74 at 5 | |
| Health inspections | 2 of 5 | ||
| Quality measures | 3 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.54 | 4.02 | 3.68 |
| RN hours per resident per day | 0.97 | 0.93 | 0.58 |
| Weekend nurse hours per resident per day | 3.24 | ||
| Nursing staff turnover | 51.8% | 46.2% | 44.9% |
| Occupancy (residents / beds) | 85.9% | 75.1% | 85.7% |
| Fines reported by CMS | 2 totaling $120,868 | ||
| Health deficiencies, latest standard survey | 2 (Aug 27, 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). Lake Country Health Services meets that part today: 2 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 |
|---|---|---|---|
| Nshf Operations LLCOrganization | Direct Ownership Interest | 100% | 07/24/2017 |
| Mills, DavidIndividual | Indirect Ownership Interest | 20% | 06/29/2017 |
| Cibc Bank USAOrganization | Security Interest | n/a | 12/03/2025 |
| Cibc Bank USAOrganization | Operational / Managerial Control | n/a | 12/03/2025 |
| Cliftonlarsonallen LLPOrganization | Operational / Managerial Control | n/a | 05/22/2018 |
| Continuum Therapy Partners LLCOrganization | Operational / Managerial Control | n/a | 03/01/2025 |
| North Shore Healthcare LLCOrganization | Operational / Managerial Control | n/a | 10/01/2017 |
| Nsh Rehab LLCOrganization | Operational / Managerial Control | n/a | 03/01/2025 |
| Wipfli LLPOrganization | Operational / Managerial Control | n/a | 02/01/2025 |
| Baumann, TroyIndividual | Operational / Managerial Control | n/a | 10/01/2017 |
| Belongia, ChristinaIndividual | Operational / Managerial Control | n/a | 11/01/2019 |
| Gee, DarrenIndividual | Operational / Managerial Control | n/a | 11/30/2021 |
| Greer, LaurenIndividual | Operational / Managerial Control | n/a | 11/29/2023 |
| Hamm, CaraIndividual | Operational / Managerial Control | n/a | 01/01/2026 |
Changes of ownership
| Effective | Buyer | Seller |
|---|---|---|
| Oct 1, 2017 | Nsh Summit LLC | Fmg North Summit Village Way Wisconsin LLC |
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 |
|---|---|---|---|---|
| Oct 21, 2022 | 223(a)(7) refinance of a 223(f) loanHUD project name: Lake Country Health and Rehab Center, 160 beds. Lender at endorsement: White Oak Healthcare Finance LLC | $5,792,000 | Active: 4.00%, $5,477,436 balanceMatures Nov 1, 2057. Servicer: Merchants Capital Corp. | 07522245 |
| Apr 24, 2013 | 223(f) refinance or purchaseHUD project name: Lake Country Health & Rehab Center, 160 beds. Lender at endorsement: Ziegler Financing Corp | $6,805,600 | Ended Oct 24, 2022Prepayment | 07522083 |
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.