CCN 535051 · Hot Springs County, Wyoming

Thermopolis Rehabilitation and Wellness

1210 Canyon Hills Rd, Thermopolis, WY 82443

Thermopolis Rehabilitation and Wellness is a 60-bed for-profit nursing home in Thermopolis, Wyoming, first certified for Medicare or Medicaid in 1994. CMS rates it 3 out of 5 stars overall in its September 2026 data, and it averaged 38.7 residents a day, about 65% of its certified beds. HUD's healthcare database shows an FHA-insured Section 232 loan for a project matching this facility, most recently $5.5 million in June 2019 (223(f) refinance or purchase), and none of them appears in HUD's active-loan file.

Facility facts

Certified beds
60
Average residents per day
38.7 (64.5% of beds)
Ownership type
For profit - Limited Liability company
Certification
Medicare and Medicaid
Legal business name
North Big Horn Hospital District
Certified since
Jun 1, 1994
Chain or affiliated group
Evergreen Healthcare Group (43 facilities, chain average 2.4 stars)
Location
Rural

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.

MeasureThis facilityWyoming medianUS median
Overall rating3 of 5State spread: 7 at 1, 10 at 2, 7 at 3, 3 at 4, 8 at 5
Health inspections3 of 5
Quality measures4 of 5
Staffing3 of 5
Total nurse hours per resident per day3.523.563.68
RN hours per resident per day0.610.780.58
Weekend nurse hours per resident per day3.29
Nursing staff turnover73.2%47.9%44.9%
Occupancy (residents / beds)64.5%72.5%85.7%
Fines reported by CMS1 totaling $17,761
Health deficiencies, latest standard survey6 (Nov 20, 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). Thermopolis Rehabilitation and Wellness meets that part today: 3 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.

NameRoleShareSince
Couve Financial Services LLCOrganizationOperational / Managerial Controln/a09/30/2025
Couve Healthcare Consulting LLCOrganizationOperational / Managerial Controln/a09/30/2025
Pacific Northwest Opco Management LLCOrganizationOperational / Managerial Controln/a09/30/2025
Thermopolis SNF Operations, LLCOrganizationOperational / Managerial Controln/a09/30/2025
Spielman, ShimonIndividualOperational / Managerial Controln/a09/30/2025
Stannard, AndreaIndividualOperational / Managerial Controln/a09/30/2025
Weyer, JasonIndividualOperational / Managerial Controln/a09/30/2025
Yenowitz, YitzchokIndividualOperational / Managerial Controln/a09/30/2025

Changes of ownership

EffectiveBuyerSeller
Sep 30, 2025North Big Horn Hospital DistrictThermopolis SNF Operations, 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.

EndorsedProgramOriginal amountStatusFHA number
Jun 7, 2019223(f) refinance or purchaseHUD project name: Thermopolis Rehabilitation & Care Center, 60 beds. Lender at endorsement: Blueprint Real Estate Capital LLC$5,453,600Ended Aug 31, 2023Prepayment10922013

Watch this facility

Get one email when the monthly CMS or HUD files show a change at Thermopolis Rehabilitation and Wellness: a new owner, operator or lender of record, a change of ownership, a new overall star rating, or a change to its HUD loan.

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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.